Telefonaktiebolaget LM Ericsson ( (ERIC) ) just unveiled an announcement.
On March 25, 2025, Telefonaktiebolaget LM Ericsson held its Annual General Meeting in Stockholm, where several key resolutions were passed. The AGM approved the adoption of the 2024 financial statements and a dividend of SEK 2.85 per share, to be paid in two installments. The meeting also re-elected Jan Carlson as Chair and introduced new board members. Additionally, the AGM approved a long-term variable compensation program for executives and employees, involving the issuance and transfer of shares. These decisions reflect Ericsson’s commitment to shareholder value and strategic governance.
More about Telefonaktiebolaget LM Ericsson
Telefonaktiebolaget LM Ericsson is a leading telecommunications company based in Sweden, specializing in providing infrastructure, services, and software solutions to the telecom industry. The company focuses on enabling communication services providers to capture the full value of connectivity.
YTD Price Performance: 2.11%
Average Trading Volume: 18,958,627
Technical Sentiment Signal: Sell
Current Market Cap: $27.81B
For a thorough assessment of ERIC stock, go to TipRanks’ Stock Analysis page.