Ericsson repurchases shares worth SEK 675.7 million in buyback program

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Key Highlights

Telefonaktiebolaget LM Ericsson repurchased 6,116,402 Class B shares for a total consideration of SEK 675,701,000.06 during the period June 22 to June 26, 2026. The transactions were executed on Nasdaq Stockholm by Goldman Sachs Bank Europe SE at a weighted average price of SEK 110.4736 per share. This buyback is part of a program authorized for up to SEK 15,000,000,000 running from April 23, 2026, to March 31, 2027. Following these repurchases, Ericsson's treasury stock holding totals 63,998,958 Class B shares.

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Telefonaktiebolaget LM Ericsson repurchased 6,116,402 of its own Class B shares for a total consideration of SEK 675,701,000.06 during the period June 22 to June 26, 2026. The buyback activity is part of a broader program to return capital to shareholders, executed through transactions on Nasdaq Stockholm.

The repurchases were conducted at a weighted average price of SEK 110.4736 per share. Goldman Sachs Bank Europe SE carried out all acquisitions on behalf of Ericsson. The program is authorized for a total of up to SEK 15,000,000,000 and is scheduled to run between April 23, 2026, and March 31, 2027.

Transaction Details

The following table details the daily volume and transaction values for the repurchased Class B shares:

Date Aggregated daily volume (number of shares) Weighted average share price per day (SEK) Total daily transaction value (SEK)
22/06/2026 2,150,000 110.7508 238,114,220.00
23/06/2026 1,866,402 111.7693 208,606,445.06
24/06/2026 800,000 110.5409 88,432,720.00
25/06/2026 650,000 109.5024 71,176,560.00
26/06/2026 650,000 106.7247 69,371,055.00
Total 6,116,402 110.4736 675,701,000.06

Regulatory and Strategic Context

The share buyback program is executed in accordance with Regulation (EU) No 596/2014 on market abuse (MAR) and the Commission Delegated Regulation (EU) 2016/1052. The Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares be cancelled, excluding those required to fulfil obligations under share-related incentive programs.

Following these transactions, Ericsson's holding of treasury stock amounts to 63,998,958 Class B shares. The company has a total of 3,371,351,735 shares outstanding, comprising 261,755,983 Class A shares and 3,109,595,752 Class B shares.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will the cancellation of repurchased shares impact Ericsson's earnings per share and future dividend payouts?

What factors might influence Ericsson's decision on the pace of buybacks as the program approaches its March 2027 deadline?

How will the reduction in outstanding shares affect Ericsson's liquidity and stock volatility in the secondary market?

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Ericsson appoints Per Narvinger as President and CEO

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Key Highlights

Ericsson appoints Per Narvinger as President and CEO from September 30, 2026, succeeding Börje Ekholm, who steps down the same day. Ekholm will serve as executive advisor until June 15, 2027. The Board of Directors managed the succession as part of ongoing leadership planning.

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Ericsson has appointed Per Narvinger as President and Chief Executive Officer (CEO), effective September 30, 2026. Börje Ekholm will step down from his role on the same date and will act as an executive advisor to the new CEO until June 15, 2027. The leadership transition is part of the Company's ongoing governance and succession planning.

Leadership Transition Details

The Board of Directors has executed a prepared and orderly CEO succession to ensure continuity. Narvinger will assume the top executive role, while Ekholm will remain in an advisory capacity to facilitate a smooth handover.

Role Name Effective Date / Period
President and CEO Per Narvinger September 30, 2026
Executive Advisor Börje Ekholm Until June 15, 2027

The Company emphasized that the transition aligns with its long-term leadership strategy.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will Per Narvinger's leadership style differ from Börje Ekholm's in terms of strategic direction?

What potential shifts in Ericsson's market focus or innovation priorities can be expected under Narvinger?

How will the leadership transition impact Ericsson's relationships with key clients and partners?

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