Ericsson Completes $1.5 Billion Share Buyback Program

STOCKHOLM, Sept. 21, 2026 /CourierPR/ -- Ericsson, the Swedish telecommunications giant, has announced the completion of a share buyback program during the week of September 14 to September 18, 2026. The company repurchased a total of 108,018,663 Class B shares, bringing the total number of Class B shares held in treasury to 108,018,663 out of the company's total share capital of 3,371,351,735 shares, comprising 261,755,983 Class A and 3,109,595,752 Class B shares.

This repurchase is part of a larger share buyback initiative announced on April 16, 2026. Ericsson has committed to repurchasing up to SEK 15,000,000,000 worth of its own shares, with the program set to run until March 31, 2027. The buyback is executed in accordance with the European Union's Regulation (EU) No 596/2014 on market abuse (MAR) and the Commission Delegated Regulation (EU) 2016/1052, commonly known as the Safe Harbour Regulation.

All transactions were carried out on the Nasdaq Stockholm stock exchange by Goldman Sachs Bank Europe SE on behalf of Ericsson. The company intends to propose to the 2027 Annual General Meeting that the repurchased shares, except those used to fulfill obligations under its share-related incentive programs, be cancelled. The Board of Directors believes this move will strengthen the company's capital structure and enhance shareholder value.

The share buyback program is a strategic initiative aimed at optimizing Ericsson's capital structure and returning value to shareholders. By reducing the number of outstanding shares, the company aims to increase earnings per share and improve its financial ratios. The repurchase aligns with Ericsson's broader strategy to focus on sustainable growth and long-term shareholder returns.

Ericsson's commitment to this program reflects its ongoing efforts to maintain a robust balance sheet and enhance its financial flexibility. The company has been actively managing its capital structure to support its global operations and invest in key growth areas, including 5G technology, cloud solutions, and digital transformation services.

In conclusion, the successful completion of this share buyback program underscores Ericsson's dedication to shareholder value and its strategic focus on capital management. As the company continues to navigate the evolving telecommunications landscape, these actions are expected to bolster its position and drive future growth.