Telecommunications equipment giant Ericsson has continued its ongoing share repurchase programme, acquiring 2.7 million of its own Class B shares during the trading week of June 8 to June 12, 2026, as part of a broader initiative aimed at returning value to shareholders.
The latest transactions saw the Swedish company spend approximately SEK 308.9 million on share buybacks over the five-day period. The purchases form part of Ericsson's previously announced share repurchase programme worth up to SEK 15 billion.
According to details released by the company, the largest daily purchases occurred between June 9 and June 11, when Ericsson bought back 600,000 shares on each trading day. The average purchase prices ranged from SEK 111.86 to SEK 119.02 per share throughout the week.
The company acquired 400,000 shares on June 8 at a weighted average price of SEK 119.0155 per share, representing a transaction value of SEK 47.6 million. On June 9, Ericsson increased the pace of purchases, buying 600,000 shares for approximately SEK 68.8 million. The same volume was repurchased on June 10 and June 11, with transaction values of SEK 67.1 million and SEK 67.8 million respectively.
The buyback activity concluded on June 12 with the acquisition of 500,000 shares at a weighted average price of SEK 115.1731 per share, costing the company about SEK 57.6 million.
In total, Ericsson repurchased 2.7 million shares during the reporting period at a weighted average price of SEK 114.4019 per share.
The transactions are being carried out under the share buyback programme announced by Ericsson on April 16, 2026. The programme commenced on April 23, 2026, and is scheduled to remain in effect until March 31, 2027, at the latest.
Ericsson said the initiative is designed to optimize the company's capital structure while enhancing shareholder returns. The company also indicated that its Board of Directors plans to seek shareholder approval at the 2027 Annual General Meeting to cancel repurchased shares, with the exception of those required to meet obligations under Ericsson's employee share-related incentive programmes.
"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 company stated.
The share repurchase programme is being executed in compliance with European Union market regulations, including the Market Abuse Regulation (MAR) and the Safe Harbour Regulation governing corporate share buybacks.
All purchases during the reporting period were conducted on Nasdaq Stockholm by Goldman Sachs Bank Europe SE acting on Ericsson's behalf.
Following the latest round of buybacks, Ericsson's treasury stock holdings have increased to 53,076,778 Class B shares. The company currently has a total of 3.37 billion shares outstanding, comprising 261.8 million Class A shares and approximately 3.11 billion Class B shares.
The continued repurchase activity underscores Ericsson's confidence in its long-term financial position and reflects a growing trend among major corporations using buyback programmes as a mechanism to return excess capital to investors while potentially improving earnings per share over time.
| Date | Aggregated Daily Volume (Shares) | Weighted Average Share Price (SEK) | Total Daily Transaction Value (SEK) |
|---|---|---|---|
| 08/06/2026 | 400,000 | 119.0155 | 47,606,200.00 |
| 09/06/2026 | 600,000 | 114.7100 | 68,826,000.00 |
| 10/06/2026 | 600,000 | 111.8550 | 67,113,000.00 |
| 11/06/2026 | 600,000 | 112.9224 | 67,753,440.00 |
| 12/06/2026 | 500,000 | 115.1731 | 57,586,550.00 |
| Total | 2,700,000 | 114.4019 | 308,885,190.00 |