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Ericsson's Share Buyback Correction: Ensuring Accurate Reporting

In a recent move demonstrating its commitment to transparency, Telefonaktiebolaget LM Ericsson has corrected information regarding its share buyback activities conducted between April 20 and April 24, 2026. This recalibration comes in light of discrepancies found in the previously reported weighted average share price.

On April 28, 2026, Ericsson disclosed that the originally stated average share price of SEK 106.74 per day was incorrect. The amended figure presented is SEK 105.69. Such corrections are crucial in maintaining trust among investors and the market at large, particularly as Ericsson is deeply involved in significant financial maneuvers aimed at strengthening its market position.

Details of Share Buybacks

During the specified timeframe, Ericsson repurchased a total of 2,400,000 Class B shares under a buyback program that aims for a cumulative repurchase of up to SEK 15 billion. This initiative, publicly noted by Ericsson on April 16, 2026, is designed to enhance shareholder value and is expected to continue until at least March 31, 2027.

Breakdown of the share buybacks conducted includes:

• - April 20, 2026: 1,200,000 shares
• - April 21, 2026: Data not disclosed yet
• - April 22, 2026: Data not disclosed yet
• - April 23, 2026: 1,200,000 shares at SEK 106.74
• - April 24, 2026: 1,200,000 shares at SEK 104.65

Total Daily Transaction Value: SEK 253,667,520.00.

Compliance and Governance

Ericsson’s adherence to the European Union's regulations on market abuse and the subsequent safe harbor regulations was evident in the execution of these transactions. All buybacks were executed on Nasdaq Stockholm by Goldman Sachs Bank Europe SE, representing Ericsson, thus ensuring compliance with regulatory frameworks designed to protect market integrity.

Following these buybacks, Ericsson now holds approximately 40,402,276 shares of its own Class B stock, amidst a total share count of 3,371,351,735, including both Class A and Class B shares.

Future Outlook

Moving forward, Ericsson's Board of Directors plans to propose at the 2027 Annual General Meeting that the repurchased shares—which are not allocated for fulfilling obligations related to Ericsson's share incentive programs—should be canceled. This initiative aligns with a broader strategy to optimize the company's capital structure and enhance shareholder value.

With challenging market conditions and the ongoing evolution of the telecommunications industry, the ability to accurately report and manage share buybacks is crucial for maintaining investor confidence. Ericsson’s recent adjustments underscore a commitment to accountability, a principle that will serve the company as it navigates through competitive pressures and strives for innovative advancements in connectivity technology.

Conclusion

As Ericsson continues to implement its buyback strategy, vigilance in reporting and compliance will be essential to protect shareholder interests and ensure sustained growth. In a market increasingly driven by transparency, such careful management of financial operations will likely determine the company's success in the coming years.

For further details and updates, follow Ericsson’s press releases and financial communications through their investor relations platforms.