Swedish telecommunications giant Ericsson has intensified its ongoing share repurchase initiative after buying back more than 2.5 million Class B shares within five trading days, signaling continued confidence in the company’s long-term financial strategy.

The company disclosed that between May 18 and May 22, 2026, it repurchased a total of 2,523,000 Class B shares at a weighted average price of SEK 121.9293 per share. The total transaction value for the week stood at approximately SEK 307.6 million.

According to Ericsson, the acquisitions form part of its broader share buyback programme valued at up to SEK 15 billion, which the company unveiled on April 16, 2026. The programme officially commenced on April 23, 2026, and is expected to run until March 31, 2027, unless completed earlier.

In a statement accompanying the disclosure, the company said the repurchased shares are expected to play a role in future capital restructuring plans.

“The Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares, other than those used to fulfil Ericsson's obligations under its share-related incentive programs, are cancelled,” the statement noted.

The week’s transactions showed varying purchase volumes and pricing trends across the trading sessions. Ericsson acquired 123,000 shares on May 18 at an average price of SEK 119.9898, before increasing the pace significantly over subsequent days.

On May 19, the company bought back 500,000 shares valued at nearly SEK 59.7 million. Purchases climbed further on May 20 with 700,000 shares acquired, marking the highest daily volume during the period. Ericsson then repurchased 600,000 shares each on May 21 and May 22, with the final trading day recording the highest average share price of the week at SEK 125.9867.

All transactions were executed on Nasdaq Stockholm by Goldman Sachs Bank Europe SE acting on behalf of Ericsson.

The company emphasized that the buyback programme is being implemented in compliance with the European Union’s Market Abuse Regulation (MAR) and the Safe Harbour Regulation governing share repurchase activities.

Following the latest transactions, Ericsson confirmed that its treasury holdings now amount to 47,766,399 Class B shares.

The telecom equipment maker currently has a total of 3.37 billion shares outstanding, comprising 261.7 million Class A shares and 3.1 billion Class B shares.

Market analysts often interpret large-scale share repurchase programmes as a sign that a company believes its shares are undervalued or that it seeks to improve shareholder returns by reducing the number of shares in circulation.

Date Aggregated Daily Volume (Shares) Weighted Average Share Price per Day (SEK) Total Daily Transaction Value (SEK)
18/05/2026 123,000 119.9898 14,758,745.40
19/05/2026 500,000 119.3872 59,693,600.00
20/05/2026 700,000 120.9759 84,683,130.00
21/05/2026 600,000 121.5001 72,900,060.00
22/05/2026 600,000 125.9867 75,592,020.00
Total 2,523,000 121.9293 307,627,555.40