Ericsson Continues SEK 15 Billion Share Buyback With Early June Repurchases
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An announcement from Telefonaktiebolaget LM Ericsson ( (ERIC) ) is now available.
Between June 1 and June 5, 2026, Ericsson repurchased 2,025,000 of its own Class B shares on Nasdaq Stockholm at a weighted average price of SEK 124.57, for a total consideration of about SEK 252.3 million. The transactions were executed by Goldman Sachs Bank Europe SE under Ericsson’s ongoing buyback program, which authorizes repurchases of up to SEK 15 billion from April 23, 2026, to March 31, 2027.
Following these purchases, Ericsson holds 50,376,778 Class B shares in treasury out of a total share count of 3,371,351,735, comprising both Class A and Class B stock. The board intends to propose cancelling most of the repurchased shares at the 2027 AGM, a move that would reduce the company’s share capital and potentially enhance earnings per share, underscoring a continued focus on capital return and balance-sheet optimization.
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 high-performing, programmable mobile networks and connectivity solutions to service providers and enterprises worldwide. With a 150-year history in communications, Ericsson focuses on enabling mobile communication and digital infrastructure for billions of users through its advanced network products and related services.
Ericsson’s portfolio spans radio access, core networks, and cloud-based platforms that support mobile operators’ 4G and 5G deployments, as well as enterprise connectivity solutions. By partnering with carriers and businesses, the company aims to drive the development of next-generation digital services, positioning itself as a key enabler of the global digital economy and future networked applications.
Average Trading Volume: 10,492,874
Technical Sentiment Signal: Buy
Current Market Cap: $42.61B
For an in-depth examination of ERIC stock, go to TipRanks’ Overview page.
