Ericsson Repurchases 2.7 Million Shares in Weekly Buyback Push

The company executed these purchases through Goldman Sachs Bank Europe SE, maintaining a weighted average price of 114.40 SEK per share throughout the five-day period. Daily activity peaked early in the week, with 600,000 shares bought on June 9 and 10, before tapering to 500,000 shares by June 12.

This initiative operates under the European Union’s Market Abuse Regulation and the associated Safe Harbour framework. Following these latest acquisitions, Ericsson now holds 53,076,778 Class B shares in its treasury. The board intends to propose the cancellation of these repurchased shares at the 2027 Annual General Meeting, excluding those specifically earmarked to satisfy obligations under existing employee incentive programs.