STOCKHOLM, May 31, 2023 /PRNewswire/ -- The total
number of shares in Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC)
as of May 31, 2023, amounts to
3,344,151,735, of which 261,755,983 are A shares and 3,082,395,752
are B shares. The total number of votes is 569,995,558.2, of which
the A shares represent 261,755,983 votes and the B shares represent
308,239,575.2 votes.
The increase in the number of shares and votes is a result of
the company's issue of 10 million C shares completed in
May 2023. 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
2023 to expand the treasury stock as part of the financing of the
Long-Term Variable Compensation Programs LTV II 2023, LTV 2022 and
LTV 2021 for the company's executive team and other executives. The
company currently holds 14,009,306 B
shares as treasury stock.
NOTES TO EDITORS:
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media.relations@ericsson.com (+46 10 719 69 92)
investor.relations@ericsson.com (+46 10 719 00 00)
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, Global Communications
Platform, and Technologies and New Businesses. 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
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,
2023.
The following files are available for download:
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https://mb.cision.com/Main/15448/3776899/2092525.pdf
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New number of shares
and votes in Telefonaktiebolaget LM Ericsson
|
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