Ericsson repurchases 3.5M Class B shares in late July
Ericsson completed a series of share repurchases in late July 2026, buying back 3.5 million Class B shares for approximately SEK 331 million. This activity is part of a larger SEK 15 billion buyback mandate authorized in April 2026, which expires in March 2027. The company’s treasury stock now totals 91.17 million shares.
*this image is generated using AI for illustrative purposes only.
Telefonaktiebolaget LM Ericsson (publ) repurchased 3,500,000 of its own Class B shares during the week of July 27 to July 31, 2026, for a total transaction value of SEK 331,265,750. The weighted average price per share across the five-day period was SEK 94.6474. These repurchases form part of the company’s ongoing capital return strategy, which aims to reduce outstanding equity and support shareholder value within the limits of its approved program.
The buyback activity was conducted in compliance with 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, also known as the Safe Harbour Regulation. All acquisitions were carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. The Board of Directors intends to propose at the 2027 Annual General Meeting that the repurchased shares, excluding those reserved for share-related incentive programs, be cancelled.
Daily Transaction Breakdown
The following table details the daily volume, weighted average price, and total transaction value for each day of the reporting period:
| Date | Volume | Avg Price (SEK) | Total Value (SEK) |
|---|---|---|---|
| July 27, 2026 | 750,000 | 93.4434 | 70,082,550.00 |
| July 28, 2026 | 500,000 | 94.2208 | 47,110,400.00 |
| July 29, 2026 | 1,000,000 | 96.1910 | 96,191,000.00 |
| July 30, 2026 | 500,000 | 94.4876 | 47,243,800.00 |
| July 31, 2026 | 750,000 | 94.1840 | 70,638,000.00 |
| Total | 3,500,000 | 94.6474 | 331,265,750.00 |
Program Context and Treasury Holdings
The current share buyback program allows for repurchases of up to SEK 15,000,000,000. Announced on April 16, 2026, the program runs from April 23, 2026, until March 31, 2027, at the latest. Following this week’s transactions, Ericsson’s holding of treasury stock stands at 91,169,316 Class B shares.
Ericsson’s total share count remains at 3,371,351,735 shares, comprising 261,755,983 Class A shares and 3,109,595,752 Class B shares. The consistent execution of buybacks over multiple days suggests a systematic approach to reducing share count without causing significant market disruption, aligning with standard corporate treasury management practices under EU market abuse regulations.
How might the proposed cancellation of 91 million treasury shares at the 2027 AGM impact Ericsson's earnings per share (EPS) and return on equity metrics?
Given the remaining capacity in the SEK 15 billion buyback program, what factors could influence the pace of future repurchases through March 2027?
Will the reduction in outstanding Class B shares alter the voting power dynamics between Class A and Class B shareholders?
18
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
