Ericsson repurchases 2.5 million Class B shares in mid-August
Aug 17, 2026, 3:15 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Buybacks reduce share count, potentially raise EPS and ADR per-share value. The weekly 2.5M buybacks are modest relative to 3.37B outstanding, so the impact is incremental; currency and broader telecom trends also influence ERIXFn.
AI summary
What happened, with direct paths to the underlying reporting
Ericsson disclosed August 10–14 share repurchases under the SEK15 billion program running through March 31, 2027. The company bought 2.5 million Class B shares at an average SEK 96.70, totaling about SEK 241.75 million. The move reduces float and could lift near-term ADR value, supporting ERIXFn alongside ongoing buybacks.
Ericsson bought 2.5M Class B shares Aug 10–14. Part of SEK15B buyback.
Weighted average price SEK 96.70; total value SEK 241.75M.
Total treasury stock after buys: 97,669,316 Class B shares.
Buyback runs through Mar 31, 2027; potential share cancellation afterward.
Goldman Sachs Bank Europe SE facilitated acquisitions on Nasdaq Stockholm.
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