Ericsson buys back 3.7 million shares in just five days
Telefonaktiebolaget LM Ericsson has repurchased over 3.7 million of its own Class B shares in just five days. The transactions took place on Nasdaq Stockholm between April 27 and May 1, 2026, as part of a larger buyback scheme. The total value of the shares acquired reached approximately SEK 391.5 million. The company bought 3,711,316 Class B shares at a weighted average price of SEK 105.50. The largest single-day purchase occurred on April 28, with 1.2 million shares acquired. No transactions were recorded on May 1, 2026.
These repurchases form part of Ericsson’s broader share buyback programme, announced on April 16, 2026. The programme allows for repurchases of up to SEK 15 billion and runs from April 23, 2026, until March 31, 2027. Following the latest transactions, the company’s treasury now holds 44,113,592 Class B shares. The Board of Directors plans to propose the cancellation of these repurchased shares at the 2027 Annual General Meeting. However, shares needed for employee incentive programmes will be excluded from cancellation. Ericsson’s total issued shares currently stand at 3,371,351,735, covering both Class A and Class B shares.
The recent repurchases bring Ericsson’s treasury holdings to over 44 million Class B shares. The Board will decide on the cancellation of these shares at next year’s Annual General Meeting. The buyback programme remains active until the end of March 2027.