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Telefonaktiebolaget LM Ericsson ( (ERIC) ) has provided an update.
During the period April 27–30, 2026, Ericsson repurchased 3,711,316 of its own Class B shares on Nasdaq Stockholm at a weighted average price of SEK 105.50, for a total consideration of about SEK 391.5 million. These transactions form part of a previously announced share buyback program of up to SEK 15 billion running from April 23, 2026 to March 31, 2027, executed via Goldman Sachs Bank Europe SE under EU market abuse and safe harbour rules.
Following these April transactions, Ericsson holds 44,113,592 Class B shares in treasury out of a total share count of 3,371,351,735, comprising both Class A and Class B stock. The board plans to ask the 2027 annual general meeting to cancel repurchased shares not needed for share‑based incentive plans, a move that could enhance earnings per share and signals continued capital return to shareholders within a regulated buyback framework.
The most recent analyst rating on (ERIC) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Telefonaktiebolaget LM Ericsson stock, see the ERIC Stock Forecast page.
Spark’s Take on ERIC Stock
According to Spark, TipRanks’ AI Analyst, ERIC is a Outperform.
The score is driven primarily by improved profitability, strong free cash flow quality, and manageable leverage, reinforced by constructive trend signals and a modest P/E. It is held back by declining revenue in 2025/TTM, historical volatility, and near-term risks from FX pressure, elevated restructuring costs, Enterprise segment losses, and potential H2 input-cost inflation.
To see Spark’s full report on ERIC stock, click here.
More about Telefonaktiebolaget LM Ericsson
Telefonaktiebolaget LM Ericsson is a Swedish telecommunications equipment and technology company that builds high‑performing, programmable mobile networks and connectivity solutions for service providers and enterprises worldwide. With a 150‑year history in communications technology, Ericsson focuses on infrastructure that underpins mobile data, voice services and the broader digital economy.
Average Trading Volume: 9,570,691
Technical Sentiment Signal: Buy
Current Market Cap: $39.17B
See more insights into ERIC stock on TipRanks’ Stock Analysis page.