The company acquired the bulk of these shares early in the week, with activity peaking on June 16 when over 2.1 million shares were bought. No transactions were recorded for the final day of the reporting period, June 19. Following these acquisitions, Ericsson holds 57,882,556 Class B shares in its treasury account out of a total share pool of more than 3.37 billion.
In section Releases
Ericsson spends 539 million SEK on share repurchases
Between June 15 and June 19, 2026, Ericsson repurchased 4,805,778 Class B shares, marking a significant step in its ongoing 15 billion SEK buyback program. The transactions, executed via Goldman Sachs Bank Europe SE on Nasdaq Stockholm, were completed at a weighted average price of 112.25 SEK per share.
These repurchases are part of a broader capital allocation strategy announced in April 2026, scheduled to run through March 2027. The Board of Directors plans to seek approval at the 2027 Annual General Meeting to cancel these shares, excluding those reserved for existing incentive programs. All operations comply with the European Union's Market Abuse Regulation and the associated Safe Harbour provisions.
Comments (0)
No comments yet. Be the first!