Recent Updates — ERIC
During the period October 12–16, 2026, Ericsson repurchased 4,109,943 Class B shares at a weighted average price of SEK 95.33, totaling approximately SEK 391.8 million (USD ~37M). These transactions are part of the company’s existing buyback program authorized up to SEK 15 billion through March 2027. Following these purchases, Ericsson holds 129.9 million treasury shares out of a total outstanding share count of approximately 3.37 billion. The board intends to propose cancellation of repurchased shares not used for incentive programs at the 2027 Annual General Meeting. Ericsson provides mobile communication and connectivity solutions for service providers and enterprises.
Ericsson reported third-quarter sales of SEK 59.5 billion, up 6% year-over-year, driven by a 7% increase in organic sales within the Networks segment. Adjusted EBITA fell to SEK 10.1 billion from SEK 15.8 billion in the prior-year period, primarily due to a SEK 7.6 billion capital gain on the divestment of iconectiv recorded last year and higher restructuring charges of SEK 0.9 billion. Reported net income decreased by 49% to SEK 5.8 billion, resulting in diluted earnings per share of SEK 1.77 compared to SEK 3.33 previously. The company also announced a simplification of its operating structure to improve efficiency and customer focus. Ericsson operates in the telecommunications equipment industry, providing network infrastructure and services globally.
Ericsson announced a simplification of its group structure to leverage R&D capabilities and drive efficiencies. A new Market Area Asia-Pacific (APAC) will be established on January 1, 2027, combining North East Asia, South East Asia, Oceania, and India markets, with Patrick Johansson appointed as Head of APAC. The Business Area Enterprise Wireless Solutions portfolio is being reorganized to better align with core network businesses. Three executives—Åsa Tamsons, Chafic Nassif, and Andres Vicente—are transitioning from the Executive Team effective December 31, 2026. Ericsson provides mobile communication and connectivity solutions for service providers and enterprises.
Telefonaktiebolaget LM Ericsson (publ) repurchased 7,917,288 Class B shares between October 5 and October 9, 2026, at a weighted average price of SEK 94.27 per share, totaling approximately SEK 746 million. These transactions are part of the company's existing buyback program authorized up to SEK 15 billion through March 31, 2027. Following these purchases, Ericsson holds 125,805,951 treasury shares out of a total outstanding share count of approximately 3.37 billion. The Board intends to propose cancellation of repurchased shares not used for incentive programs at the 2027 Annual General Meeting. Ericsson provides mobile communication and connectivity solutions for service providers and enterprises.
During the week of September 28 to October 2, 2026, Ericsson repurchased 9,370,000 Class B shares at a weighted average price of SEK 93.09, totaling approximately SEK 872 million. These transactions are part of a broader buyback program authorized up to SEK 15 billion, running through March 31, 2027. Following these purchases, the company's treasury stock holdings stand at 117,888,663 shares out of a total outstanding share count of approximately 3.37 billion. The board intends to propose cancellation of repurchased shares not used for incentive programs at the next annual meeting. Ericsson provides mobile communication and connectivity solutions for service providers and enterprises.