This distribution also impacts voting power. The total number of votes in Ericsson stands at 572,715,558.2. Of this, the A shares account for 261,755,983 votes, while the B shares contribute 310,959,575.2 votes.
The recent increase in both shares and votes stems from the company's issuance of 23.1 million C shares in May 2025. These C shares were part of a strategic financial maneuver. Following their issuance, Ericsson repurchased them and subsequently converted them into B shares, a process enabled by a conversion clause within the company's articles of association.
This action aligns with the resolution passed at the 2025 Annual General Meeting (AGM) to expand Ericsson's treasury stock. The primary purpose of this expansion is to help finance the Long-Term Variable Compensation Programs (LTV 2025 and LTV 2024) for the company's executive team and other key executives. Currently, Ericsson holds 38,065,074 B shares as treasury stock.
This information was publicly released by Telefonaktiebolaget LM Ericsson in accordance with its obligations under the Swedish Financial Instruments Trading Act, with the announcement made at 08:00 CEST on May 30, 2025.