Ericsson disclosed that it repurchased 3,711,316 of its Class B shares between April 27 and May 1, 2026, paying a weighted‑average price of SEK 105.50 per share for a total transaction value of SEK 391.5 million.
The repurchase is part of a SEK 15 billion share‑buyback program announced on April 16, 2026, which runs through March 31, 2027. The program is designed to distribute surplus liquidity, optimize the company’s capital structure, and provide shares for employee incentive plans.
Following the buyback, Ericsson’s treasury stock balance rose to 44,113,592 Class B shares, leaving a total of 3,371,351,735 shares outstanding (261,755,983 Class A and 3,109,595,752 Class B). The company intends to cancel the repurchased shares, except those used to fulfill incentive‑plan obligations, at the 2027 annual general meeting.
The share repurchase follows Ericsson’s Q1 2026 earnings, which were a miss: revenue of SEK 49.3 billion fell short of the SEK 51.5 billion consensus, and diluted EPS of SEK 0.27 was far below the SEK 1.24 expected. The market reaction was negative, reflecting concerns over the EPS miss and revenue shortfall.
By reducing the number of shares outstanding, the buyback can help lift earnings per share and signal confidence in the company’s long‑term prospects. It also provides a mechanism to return capital to shareholders while maintaining flexibility for future investment and employee incentives.
The shares repurchased will be cancelled at the 2027 AGM, except for those earmarked for incentive‑plan obligations, ensuring that the program’s objectives are met while preserving the company’s capital structure.
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