Telecom giant buys back 2.999 million Class B shares as part of SEK 15 billion programme
Telefonaktiebolaget LM Ericsson (publ) repurchased nearly 3 million Class B shares between August 17 and August 21, 2026, spending approximately SEK 290.03 million as the Swedish telecommunications equipment maker continued its extensive share buyback programme.
Ericsson repurchased a total of 2,999,360 Class B shares during the five-day period, at a weighted average price of SEK 96.6970 per share, according to the company.
The purchases were carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson.
The largest daily purchase took place on August 19, when Ericsson bought 999,360 shares for a total transaction value of approximately SEK 96.64 million. The shares were acquired at a weighted average price of SEK 96.7036 each.
On August 20, the company purchased another 750,000 shares, spending approximately SEK 72.11 million. Purchases on August 17 and August 18 amounted to 500,000 shares each, while the company bought 250,000 shares on August 21.
Five-day buyback activity
| Date | Shares repurchased | Weighted average price (SEK) | Transaction value (SEK) |
|---|---|---|---|
| August 17 | 500,000 | 97.3323 | 48,666,150.00 |
| August 18 | 500,000 | 96.8278 | 48,413,900.00 |
| August 19 | 999,360 | 96.7036 | 96,641,709.70 |
| August 20 | 750,000 | 96.1458 | 72,109,350.00 |
| August 21 | 250,000 | 96.7925 | 24,198,125.00 |
| Total | 2,999,360 | 96.6970 | 290,029,234.70 |
The latest purchases form part of Ericsson's SEK 15 billion share buyback programme, which was announced on April 16, 2026. The programme began on April 23 and is scheduled to run until March 31, 2027, at the latest.
Under the programme, Ericsson's Board of Directors intends to propose at the company's 2027 Annual General Meeting that the repurchased shares be cancelled, with the exception of shares required to meet the company's obligations under its share-based incentive programmes.
Ericsson said the buyback programme is being conducted in accordance with the EU Market Abuse Regulation (MAR) and the European Commission's delegated Safe Harbour Regulation governing share repurchases.
Treasury stock rises to more than 100 million shares
Following the latest transactions, Ericsson's treasury stock stands at 100,668,676 Class B shares.
The company has 3,371,351,735 shares outstanding in total, comprising 261,755,983 Class A shares and 3,109,595,752 Class B shares.
The continued buybacks give Ericsson a mechanism to return capital to shareholders while reducing the number of shares that could ultimately remain in circulation. The planned cancellation of most repurchased shares, subject to shareholder approval, could further affect the company's share count and ownership structure.
Ericsson said a full breakdown of the individual transactions is attached to its announcement.
The company also confirmed that all purchases during the August 17–21 period were executed through Goldman Sachs Bank Europe SE on Nasdaq Stockholm on Ericsson's behalf.
