STOCKHOLM, May 31, 2024 /PRNewswire/ -- The total number of
shares in Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) as of
May 31, 2024, amounts to 3,348,251,735, of which 261,755,983
are A shares and 3,086,495,752 are B shares. The total number of
votes is 570,405,558.2 of which the A shares represent 261,755,983
votes and the B shares represent 308,649,575.2 votes.
The increase in the number of shares and votes is a result of
the company's issue of 4.1 million C shares completed in
May 2024. The C shares have
subsequently been repurchased by the company and converted into B
shares by virtue of a conversion clause in the articles of
association. This is in accordance with the resolution by the AGM
2024 to expand the treasury stock as part of the financing of the
Long-Term Variable Compensation Program LTV I 2023 for the
company's executive team. The company currently holds 15,579,561
B shares as treasury stock.
This information is information that Telefonaktiebolaget LM
Ericsson is obliged to make public pursuant to the Swedish
Financial Instruments Trading Act. The information was submitted
for publication at 08.00 CEST on May 31,
2024.
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ABOUT ERICSSON:
Ericsson enables communications service providers and
enterprises to capture the full value of connectivity. The
company's portfolio spans the following business areas: Networks,
Cloud Software and Services, Enterprise Wireless Solutions and
Global Communications Platform. It is designed to help our
customers go digital, increase efficiency and find new revenue
streams. Ericsson's innovation investments have delivered the
benefits of mobility and mobile broadband to billions of people
globally. Ericsson stock is listed on Nasdaq Stockholm and on
Nasdaq New York. www.ericsson.com
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New number of shares
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