Telecommunications equipment provider Ericsson is initiating a share buyback program totaling a maximum of SEK 15 billion, following a resolution passed at the Annual General Meeting in late March. The repurchases, which will commence no earlier than April 23 and run until March 31, 2027, are intended to optimize the capital structure and cover obligations under incentive programs.

The Board of Directors intends to propose the cancellation of the majority of the shares acquired.