Ericsson completes August buybacks under SEK15B plan, signals potential cancellation
Aug 24, 2026, 3:08 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Buybacks reduce float and can lift EPS; the SEK15B program underscores ongoing capital return support, which historically provides modest price support in the near term.
AI summary
What happened, with direct paths to the underlying reporting
Ericsson disclosed August 17-21, 2026 share repurchases totaling 2,999,360 Class B shares at an average of 96.70 SEK, valuing about 290 million SEK. The transactions are part of a broader SEK15 billion buyback program running through March 31, 2027, with potential share cancellation slated for the 2027 AGM. The buybacks reduce float and can modestly lift per-share metrics, supporting ERIXFn sentiment in the near term.
Ericsson repurchased 2,999,360 Class B shares Aug 17-21, 2026.
Buybacks fall under a SEK15 billion program through Mar 31, 2027.
Average price ~96.70 SEK; total value ~SEK 290.03 million.
Treasury stock after buys: 100,668,676 Class B shares.
Board may propose cancellation of repurchased shares at 2027 AGM.
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