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Ericsson to sell up to 1.88 million shares to cover tax and social security costs for employee awards

Company Fundamentals
13 May 2026
PRNewsWire
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Neutral
pluang ai news

Ericsson will use its authorized mandate to transfer up to 1,878,306 series B shares on Nasdaq Stockholm to cover tax and social security liabilities related to its 2023 long-term variable compensation program. This decision follows approval at the company's March 31, 2026 annual general meeting. The share transfers may occur between May 18, 2026, and the 2027 annual meeting, at market prices. Ericsson currently holds over 47 million series B shares, and this move helps manage costs associated with employee performance share awards.

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