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Ericsson to Launch SEK15 Billion Share Buyback Program

MT Newswires·04/17/2026 00:04:15
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12:04 AM EDT, 04/17/2026 (MT Newswires) -- Telefonaktiebolaget LM Ericsson (ERIC-A.ST, ERIC-B.ST, ERIBR.HE) said Thursday it intends to launch a share buyback program of up to 15 billion kronor to distribute surplus liquidity and finance share-based incentive programs. From April 23, 2026, through March 31, 2027, the Swedish telecommunications company will repurchase class B shares through an independent financial firm. Acquisitions may not exceed 10% of the company's total issued shares. The program will be carried out under authorization secured at the annual general meeting held March 31. Ericsson said it will propose canceling the repurchased shares not used for share-based incentives.