The company acquired the shares at a weighted average price of 96.6970 SEK per unit, with the largest single-day volume occurring on August 19. This strategic move aligns with the authorization granted by the board to reduce share capital, as directors intend to propose the cancellation of the majority of these repurchased shares at the 2027 Annual General Meeting.
Ericsson Repurchases Nearly 3 Million Shares in August Buyback Surge
Between August 17 and August 21, 2026, Ericsson repurchased approximately 2.99 million Class B shares, committing 290 million SEK to the effort. Executed on Nasdaq Stockholm by Goldman Sachs Bank Europe SE, these acquisitions form part of the company's broader 15-billion-SEK buyback program slated to run through March 2027.
Following these transactions, Ericsson now holds 100,668,676 Class B shares in its treasury. The total outstanding share count currently stands at 3,371,351,735, comprising both Class A and Class B issues. The program remains compliant with the European Union’s Market Abuse Regulation and the Safe Harbour framework, ensuring all activity is conducted under strict regulatory oversight.
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