Ericsson to Sell Treasury Shares to Cover 2023 Long‑Term Incentive Plan Costs
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Telefonaktiebolaget LM Ericsson ( (ERIC) ) has provided an update.
On May 13, 2026, Ericsson announced it will use a shareholder‑approved mandate to transfer a portion of its series B shares tied to its long‑term variable compensation programs I and II 2023. The company’s annual general meeting on March 31, 2026 authorized Ericsson to retain and sell up to 70% of the shares allocated under these incentive plans.
Ericsson has decided to sell up to 1,878,306 of its series B shares on Nasdaq Stockholm to cover withholding tax and social security costs arising from vested performance share awards. The transfers may occur between May 18, 2026 and the 2027 annual general meeting, a move that manages equity‑based remuneration obligations without materially altering Ericsson’s existing holding of 47,132,698 series B shares.
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 global telecommunications equipment and technology company that provides high‑performing, programmable mobile networks and connectivity solutions for service providers and enterprises. With a 150‑year history in communications technology, it focuses on enabling mobile connectivity and the digital transformation of industries worldwide.
Average Trading Volume: 9,666,021
Technical Sentiment Signal: Buy
Current Market Cap: $41.01B
For detailed information about ERIC stock, go to TipRanks’ Stock Analysis page.
