Ericsson (ERIC) starts SEK 15B Class B share repurchase plan
Rhea-AI Filing Summary
Telefonaktiebolaget LM Ericsson is launching a share buyback program for its ordinary Class B shares on Nasdaq Stockholm, with a maximum consideration of SEK 15,000,000,000. The goal is to return surplus cash, adjust the capital structure by reducing share capital, and supply shares for Ericsson’s share-based incentive programs.
The Board plans to propose to the 2027 Annual General Meeting that repurchased shares not used for incentive plans be cancelled. An independent investment firm will execute the repurchases in line with Nasdaq Stockholm rules and EU market abuse and Safe Harbour regulations.
Positive
- Substantial share buyback authorization: Ericsson launches a Class B share repurchase program of up to SEK 15,000,000,000, aiming to return surplus liquidity and potentially enhance per-share metrics if a significant portion of the authorization is utilized and repurchased shares are later cancelled.
Negative
- None.
Insights
Ericsson authorizes up to SEK 15B in buybacks, signaling balance sheet strength.
Ericsson has approved a share buyback program for ordinary Class B shares with a maximum consideration of SEK 15,000,000,000. The program aims both to return surplus liquidity and to optimize the company’s capital structure by ultimately reducing its share capital.
The Board also plans to use repurchased shares to satisfy obligations under share-based incentive programs, with the remainder intended for cancellation subject to approval at the 2027 Annual General Meeting. Execution will be handled by an independent firm under Nasdaq Stockholm and EU market abuse Safe Harbour rules, which are designed to constrain trading behavior and enhance transparency.
There are 3,371,351,735 Ericsson shares outstanding, including 3,109,595,752 Class B shares, and the company already holds 38,002,276 Class B shares as treasury stock as of April 16, 2026. The actual impact on share count and per-share metrics will depend on how much of the SEK 15B authorization is used and AGM approval for cancellation.
Key Figures
Key Terms
treasury stock financial
Annual General Meeting financial
market abuse (MAR) regulatory
Safe Harbour Regulation regulatory
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
April 16, 2026
Commission File Number 000-12033
LM ERICSSON TELEPHONE COMPANY
(Translation of registrant’s name into English)
Torshamnsgatan 21, Kista
SE-164 83, Stockholm, Sweden
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Announcement of LM Ericsson Telephone Company, April 16, 2026 regarding “Ericsson initiates share buyback program”
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PRESS RELEASE April 16, 2026 |
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Ericsson initiates share buyback program
Telefonaktiebolaget LM Ericsson (“Ericsson”) today announces that the Board of Directors has resolved to utilize the authorization granted by the March 31, 2026 Annual General Meeting to initiate a share buyback program relating to Ericsson’s ordinary Class B shares (the “Ordinary Shares”) on Nasdaq Stockholm up to a maximum consideration of SEK 15,000,000,000 (the “Program”).
The purpose of the Program is to distribute surplus liquidity and thereby adjust Ericsson’s capital structure by reducing its capital as well as to enable purchases of shares to be used to meet Ericsson’s obligations within the framework of Ericsson’s share-related incentive programs. Accordingly, the Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares, other than those used to fulfil Ericsson’s obligations under its share-related incentive programs, are cancelled.
The Program will be managed by an independent financial investment firm, which will make its trading decisions regarding the timing of the share repurchases independently of, and without influence by, Ericsson. Any purchase of Ordinary Shares made in relation to this announcement will be carried out on Nasdaq Stockholm in accordance with the Nordic Main Market Rulebook for Issuers of Shares – Nasdaq Stockholm (Supplement D) and in accordance with the Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse (MAR) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing MAR (the Safe Harbour Regulation).
In addition, the Program is subject to the following terms:
| • | Acquisitions are expected to commence on April 23, 2026, at the earliest, and end on March 31, 2027, at the latest. |
| • | A maximum number of Ordinary Shares may be repurchased so that Ericsson’s total holding at any time does not exceed 10 per cent of Ericsson’s total number of issued shares. |
| • | The Ordinary Shares may only be purchased at a price which falls within the prevailing interval registered on Nasdaq Stockholm at each point in time (i.e. in the interval between the highest purchase price and the lowest selling price). |
There are in total 3,371,351,735 shares in Ericsson, 261,755,983 shares of Class A and 3,109,595,752 shares of Class B. Ericsson’s holding of treasury stock as of April 16, 2026, amounts to 38,002,276 shares of Class B.
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PRESS RELEASE April 16, 2026 |
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This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.
NOTES TO EDITORS:
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MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com (+46 10 719 69 92)
investor.relations@ericsson.com (+46 10 719 00 00)
FOR FURTHER INFORMATION, PLEASE CONTACT:
Contact person
Investors
Daniel Morris, Vice President, Head of Investor Relations
Phone: +44 7386 657217
E-mail: investor.relations@ericsson.com
Lena Häggblom, Director, Investor Relations
Phone: +46 72 593 27 78
E-mail: lena.haggblom@ericsson.com
Alan Ganson, Director, Investor Relations
Phone: +46 70 267 27 30
E-mail: alan.ganson@ericsson.com
Media
Ralf Bagner, Head of Media Relations
Phone: +46761284789
E-mail: ralf.bagner@ericsson.com
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PRESS RELEASE April 16, 2026 |
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Media Relations
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com
ABOUT ERICSSON:
Ericsson’s high-performing networks provide connectivity for billions of people every day. For 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| TELEFONAKTIEBOLAGET LM ERICSSON (publ) | ||||||
| By: | /s/ CHRIS HOUGHTON | |||||
| Chris Houghton | ||||||
| Senior Vice President, Chief Operating Officer | ||||||
| By: | /s/ LARS SANDSTRÖM | |||||
| Lars Sandström | ||||||
| Senior Vice President, Chief Financial Officer | ||||||
Date: April 16, 2026