Ericsson repurchases Class B shares in weekly buyback
Ericsson repurchased Class B shares between August 3 and August 7 under its corporate share buyback scheme
Stockholm, August 10, 2026 - Telefonaktiebolaget LM Ericsson, commonly known as Ericsson, purchased its own Class B shares during the week of August 3 to August 7, 2026. The company acquired a total of 4 million shares, with the daily volumes and prices varying as follows: 500,000 shares at SEK 95.7186 each on August 3, 500,000 shares at SEK 97.6833 on August 4, 1 million shares at SEK 97.4855 on August 5, 1 million shares at SEK 96.6100 on August 6, and 1 million shares at SEK 96.6658 on August 7.
The weighted average share price per day across the week was SEK 96.8656, and the total transaction value was SEK 387,462,250.00. These share repurchases are part of a larger buyback program initiated by Ericsson on April 16, 2026, which aims to repurchase up to SEK 15 billion worth of shares between April 23, 2026, and March 31, 2027.
The Board of Directors plans to propose the cancellation of repurchased shares, excluding those used for fulfilling obligations under Ericsson's share-related incentive programs, during the 2027 Annual General Meeting. All share transactions were executed on Nasdaq Stockholm by Goldman Sachs Bank Europe SE, in compliance with the Regulation (EU) No 596/2014 on market abuse and the Commission Delegated Regulation (EU) 2016/1052.
As a result of the repurchases, Ericsson now holds 95,169,316 Class B shares, with a total of 3,371,351,735 shares in total, comprising 261,755,983 Class A shares and 3,109,595,752 Class B shares.
Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
