Ericsson initiates share buyback program with maximum consideration of SEK 15B

Ericsson (ERIC) announces that the board of directors has resolved to utilize the authorization granted by the March 31, 2026 Annual General Meeting to initiate a share buyback program relating to Ericsson’s ordinary Class B shares on Nasdaq Stockholm up to a maximum consideration of SEK 15B. “The purpose of the Program is to distribute surplus liquidity and thereby adjust Ericsson’s capital structure by reducing its capital as well as to enable purchases of shares to be used to meet Ericsson’s obligations within the framework of Ericsson’s share-related incentive programs. Accordingly, the Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares, other than those used to fulfil Ericsson’s obligations under its share-related incentive programs, are cancelled,” the company stated.