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0O86 Telefonaktiebolaget Lm Ericsson (publ)

68.60
0.00 (0.00%)
22 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Telefonaktiebolaget Lm Ericsson (publ) LSE:0O86 London Ordinary Share SE0000108649 ERICSSON A ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 68.60 339 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Tele & Telegraph Apparatus 263.35B -26.45B -7.9081 -0.61 16.09B

New number of shares and votes in Telefonaktiebolaget LM Ericsson

31/05/2023 7:32am

PR Newswire (US)


Telefonaktiebolaget Lm E... (LSE:0O86)
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STOCKHOLM, May 31, 2023 /PRNewswire/ -- The total number of shares in Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) as of May 31, 2023, amounts to 3,344,151,735, of which 261,755,983 are A shares and 3,082,395,752 are B shares. The total number of votes is 569,995,558.2, of which the A shares represent 261,755,983 votes and the B shares represent 308,239,575.2 votes.

The increase in the number of shares and votes is a result of the company's issue of 10 million C shares completed in May 2023. The C shares have subsequently been repurchased by the company and converted into B shares by virtue of a conversion clause in the articles of association. This is in accordance with the resolution by the AGM 2023 to expand the treasury stock as part of the financing of the Long-Term Variable Compensation Programs LTV II 2023, LTV 2022 and LTV 2021 for the company's executive team and other executives. The company currently holds 14,009,306 B shares as treasury stock.

NOTES TO EDITORS:

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MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com  (+46 10 719 69 92)
investor.relations@ericsson.com  (+46 10 719 00 00)

ABOUT ERICSSON:
Ericsson enables communications service providers and enterprises to capture the full value of connectivity. The company's portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

This information is information that Telefonaktiebolaget LM Ericsson is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication at 08.00 CEST on May 31, 2023.

The following files are available for download:

https://mb.cision.com/Main/15448/3776899/2092525.pdf

New number of shares and votes in Telefonaktiebolaget LM Ericsson

Cision View original content:https://www.prnewswire.com/news-releases/new-number-of-shares-and-votes-in-telefonaktiebolaget-lm-ericsson-301838222.html

SOURCE Ericsson

Copyright 2023 PR Newswire

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