Ericsson Announces Share Transfer Authorization Under Compensation Program
Ericsson's Share Transfer Authorization
On May 13, 2026, Ericsson, a leading telecommunications company, announced that it would utilize an authorization granted at its annual general meeting to transfer shares in order to manage costs associated with its long-term variable compensation program. This move comes as part of the company’s strategy to ensure proper handling of tax and social security obligations for its employees.
Background on the Long-Term Variable Compensation Program
The long-term variable compensation program I and II for the year 2023 (referred to as