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Overview of Ericsson's Recent Share Buybacks

In a recent update, Ericsson, the renowned Swedish communication technology company, corrected its previous announcement concerning share buybacks carried out from April 20 to April 24, 2026. The adjustment primarily revolved around an incorrect figure reported for the weighted average share price. The correction reflects a revised average price of SEK 105.69 instead of the previously stated SEK 106.74.

Details of the Share Repurchases

During the specified period, Ericsson executed significant repurchase activities involving its Class B shares. Here’s a breakdown of the daily transactions:

• - April 20, 2026: No shares repurchased.
• - April 21, 2026: No shares repurchased.
• - April 22, 2026: No shares repurchased.
• - April 23, 2026: 1,200,000 shares at a weighted average price of SEK 106.74, totaling SEK 128,090,040.
• - April 24, 2026: 1,200,000 shares at a weighted average price of SEK 104.65, amounting to SEK 125,577,480.

In total, 2,400,000 shares were repurchased, with an aggregate transaction value of SEK 253,667,520.

Strategic Context

This buyback program is part of Ericsson's larger initiative announced on April 16, 2026, with a scope of up to SEK 15 billion. The program is intended to enhance shareholder value, signaling the company's confidence in its long-term prospects. Beyond fulfilling obligations under share-related incentive arrangements, the Board is considering proposing the cancellation of repurchased shares at the 2027 Annual General Meeting.

Compliance and Execution

Ericsson stated that all buyback activities comply with the market regulations set forth by the European Union, specifically Regulation (EU) No. 596/2014, which addresses market abuse, as well as the accompanying Safe Harbour Regulation. Transactions were executed on Nasdaq Stockholm with the assistance of Goldman Sachs Bank Europe SE, acting on behalf of Ericsson.

Following the buybacks, Ericsson's treasury stock now totals 40,402,276 Class B shares. There are a total of 3,371,351,735 shares issued by Ericsson, with 261,755,983 classified as Class A and 3,109,595,752 as Class B.

Conclusion

Ericsson continues to reaffirm its commitment to driving shareholder value through strategic financial maneuvers such as stock buybacks. The recent correction serves as a reminder of the important oversight in financial reporting and the company's dedication to transparency.

As Ericsson moves forward, stakeholders and investors will be monitoring how these actions align with the company’s long-term growth strategy and market performance. For more updates on Ericsson’s financial activities, you can follow their press releases and announcements through their official channels.