Ericsson Buys Back 2.4 Million Shares in April as Part of SEK 15 Billion Program
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Telefonaktiebolaget LM Ericsson ( (ERIC) ) just unveiled an update.
Between April 20 and April 24, 2026, Ericsson repurchased 2.4 million of its own Class B shares on Nasdaq Stockholm under its previously announced share buyback program of up to SEK 15 billion, at a corrected average price of SEK 105.69 and a total value of about SEK 253.7 million. The purchases, executed by Goldman Sachs Bank Europe SE and carried out under EU market abuse and safe-harbour rules, lifted Ericsson’s Class B treasury stock to 40.4 million shares out of 3.37 billion total shares, supporting capital management ahead of a planned proposal to cancel most of the repurchased stock at the 2027 AGM, which could enhance earnings per share and underscore management’s confidence in the company’s long-term prospects.
The most recent analyst rating on (ERIC) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Telefonaktiebolaget LM Ericsson stock, see the ERIC Stock Forecast page.
Spark’s Take on ERIC Stock
According to Spark, TipRanks’ AI Analyst, ERIC is a Outperform.
The score is driven primarily by improved profitability, strong free cash flow quality, and manageable leverage, reinforced by constructive trend signals and a modest P/E. It is held back by declining revenue in 2025/TTM, historical volatility, and near-term risks from FX pressure, elevated restructuring costs, Enterprise segment losses, and potential H2 input-cost inflation.
To see Spark’s full report on ERIC stock, click here.
More about Telefonaktiebolaget LM Ericsson
Telefonaktiebolaget LM Ericsson is a Swedish telecommunications equipment and technology company that provides mobile communication and connectivity solutions to service providers and enterprises worldwide. With a 150-year history in communications, its high-performing networks deliver connectivity for billions of users and position the group as a core infrastructure supplier in the global digital economy.
Average Trading Volume: 9,803,998
Technical Sentiment Signal: Buy
Current Market Cap: $37.69B
For a thorough assessment of ERIC stock, go to TipRanks’ Stock Analysis page.
