Finance
Ericsson Launches $1.63 Billion Share Buyback Program
Published by Global Banking & Finance Review®
Posted on April 16, 2026
1 min readLast updated: April 16, 2026
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Company
Published by Global Banking & Finance Review®
Posted on April 16, 2026
1 min readLast updated: April 16, 2026
Add as preferred source on GoogleEricsson has launched a SEK 15 billion (US $1.63 billion) share buyback program starting April 23, 2026, through March 31, 2027. This reflects the company’s strong Q4 performance and marks a shift in its capital returns strategy.
April 16 (Reuters) - Swedish telecoms gear maker Ericsson on Thursday launched a share buyback program worth 15 billion Swedish krona ($1.63 billion).
The period for the buyback begins on April 23, 2026, and will end on March 31, 2027, the company said in a statement.
($1 = 9.1909 Swedish crowns)
(Reporting by Gursimran Kaur in Bengaluru)
Ericsson's share buyback program begins on April 23, 2026, and ends on March 31, 2027.
The share buyback program is worth 15 billion Swedish krona, equivalent to $1.63 billion.
The exchange rate stated is $1 equals 9.1909 Swedish crowns.
The share buyback program was announced by Swedish telecoms gear maker Ericsson in a statement.
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