Ericsson (NASDAQ: ERIC) buys back 2.4M shares for SEK 253,667,520
Rhea-AI Filing Summary
Telefonaktiebolaget LM Ericsson repurchased 2,400,000 Class B shares between April 20 and April 24, 2026, at a weighted average price of SEK 105.69, for a total of SEK 253,667,520.00.
The repurchases are part of Ericsson’s share buyback program of up to SEK 15,000,000,000, running between April 23, 2026 and March 31, 2027. The Board plans to propose cancelling the repurchased shares not needed for share-related incentive programs at the 2027 Annual General Meeting.
All acquisitions were carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on Ericsson’s behalf. After these transactions, Ericsson holds 40,402,276 Class B shares in treasury, out of a total of 3,371,351,735 shares outstanding, comprising 261,755,983 Class A and 3,109,595,752 Class B shares.
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