Ericsson (ERIC) spends SEK 307.6M to repurchase 2.5M shares under buyback
Rhea-AI Filing Summary
Telefonaktiebolaget LM Ericsson reports that between May 18 and May 22, 2026 it repurchased 2,523,000 Class B shares on Nasdaq Stockholm for a total of SEK 307,627,555.40, at a weighted average price of SEK 121.9293 per share.
These purchases are part of Ericsson’s previously announced share buyback program of up to SEK 15,000,000,000 running from April 23, 2026 to March 31, 2027. Following these transactions, Ericsson holds 47,766,399 Class B shares as treasury stock out of a total of 3,371,351,735 shares outstanding, including 261,755,983 Class A and 3,109,595,752 Class B shares.
The company states that the program is conducted under EU market abuse and Safe Harbour regulations, with Goldman Sachs Bank Europe SE executing the trades on Ericsson’s behalf, and the Board intends to propose cancelling repurchased shares not needed for share-related incentive programs at the 2027 Annual General Meeting.
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Insights
Ericsson continues its authorized buyback program with a routine weekly tranche.
Ericsson repurchased 2,523,000 Class B shares for about SEK 307.6M during May 18–22, 2026 under its up to SEK 15B buyback program. The weighted average price was SEK 121.9293 per share, and trades were executed on Nasdaq Stockholm by Goldman Sachs Bank Europe SE.
After these transactions, Ericsson holds 47,766,399 Class B shares as treasury stock out of 3,371,351,735 total shares. The Board intends to propose cancelling repurchased shares not used for share-related incentive programs at the 2027 AGM, which would reduce the share count if approved. Overall, this appears as an ongoing capital return mechanism rather than a new, thesis-changing event.