Ericsson to Sell Shares for Employee Tax and Social Security Payments
Ericsson has announced plans to transfer a portion of its own shares to cover tax and social security costs for employees. The decision follows authorisation from the company’s annual general meeting held on March 31, 2026. Up to 1,878,306 series B shares may be sold on Nasdaq Stockholm under this move. At the March 31, 2026 meeting, shareholders approved the company’s proposal to retain and sell up to 70% of shares from its LTV I and II 2023 programme. These shares, all of series B, will be used to settle tax and social security obligations arising from performance share awards. Ericsson currently holds 47,132,698 series B shares in total.
The transfer of shares will take place between May 18, 2026, and the date of the 2027 annual general meeting. The sale price for each share will fall within the trading range recorded on Nasdaq Stockholm at the time of each transaction. The company has not set a fixed price but will follow market conditions during the transfer period.
This share transfer aims to simplify tax and social security payments for participants in Ericsson’s incentive programmes. The process will be completed by the 2027 annual general meeting, with no more than 1,878,306 shares affected. The company will continue to monitor market prices to determine the final sale value of the transferred shares.
