BuybackJun 1, 2026, 06:13 AM
Ericsson repurchases 585,379 Class B shares for SEK 71.5M
AI Summary
Ericsson repurchased 585,379 of its own Class B shares between May 25 and May 29, 2026, for a total value of SEK 71,474,085.55. These transactions are part of a previously announced share buyback program of up to SEK 15 billion, which is scheduled to run until March 31, 2027. The company's Board of Directors plans to propose the cancellation of these repurchased shares at the 2027 Annual General Meeting, excluding those used for share-related incentive programs.
Key Highlights
- Ericsson repurchased 585,379 Class B shares between May 25 and May 29, 2026.
- Total transaction value for the period was SEK 71,474,085.55.
- The weighted average share price for the repurchases was SEK 122.0988.
- These buybacks are part of a larger program of up to SEK 15,000,000,000.
- The buyback program runs from April 23, 2026, to March 31, 2027.
- Ericsson's current holding of treasury stock is 48,351,778 Class B shares.
- The Board intends to propose cancellation of repurchased shares at the 2027 AGM.
Price Impact
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