Ericsson Repurchases 2.5 Million Shares in Week-Long Buyback Sweep
Swedish telecom equipment maker spent SEK 241.8 million on Class B shares as part of its SEK 15 billion capital return program running through March 2027.
Ericsson Executes Weekly Share Repurchases
Telefonaktiebolaget LM Ericsson disclosed in a 6-K filing that it repurchased 2.5 million Class B shares during the week of August 10-14, 2026, at a total cost of SEK 241,754,225 (6-K filing, 2026-08-17). The transactions occurred as part of the company's broader capital allocation strategy announced earlier this year.
The Swedish telecommunications equipment manufacturer executed the largest single-day purchase on August 11, acquiring 1 million shares at a weighted average price of SEK 95.7603 per share for a total of SEK 95,760,300 (6-K filing, 2026-08-17). Daily repurchase volumes ranged from 250,000 shares on both August 13 and August 14 to the peak million-share transaction mid-week.
Program Details and Timeline
The repurchases form part of a share buyback program of up to SEK 15 billion that Ericsson announced on April 16, 2026, which runs between April 23, 2026, and March 31, 2027, at the latest (6-K filing, 2026-08-17). The program represents a significant capital return for the company, which carries a market capitalization of approximately $34 billion.
Weighted average share prices during the five-day period fluctuated between SEK 95.7603 and SEK 98.1423, with an overall weighted average of SEK 96.7017 across the week (6-K filing, 2026-08-17). This compares to the company's last reported close of SEK 97.7061.
Share Capital Structure
Following these repurchases, Ericsson's holding of treasury stock amounts to 97,669,316 Class B shares (6-K filing, 2026-08-17). The company's total share capital consists of 3,371,351,735 shares, divided between 261,755,983 Class A shares and 3,109,595,752 Class B shares (6-K filing, 2026-08-17).
The Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares, other than those used to fulfill Ericsson's obligations under its share-related incentive programs, be cancelled (6-K filing, 2026-08-17).
Regulatory Compliance
The share buyback program is executed in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse (MAR) and the Commission Delegated Regulation (EU) 2016/1052 supplementing MAR, known as the Safe Harbour Regulation (6-K filing, 2026-08-17). All acquisitions were carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE acting on behalf of Ericsson (6-K filing, 2026-08-17).
According to MarginX data, Ericsson shareholders can expect a cash dividend of SEK 1.50 per share on September 28, 2026. The company is also scheduled to present at InnoTrans 2026 on September 22.
This article was generated by MarginX from the 6-K filing on 2026-08-17. It is not investment advice.