Ericsson to utilize mandate to transfer shares

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In conjunction with the delivery of vested shares under the long-term variable compensation program, the annual general meeting authorized the company to retain and sell no more than the number of vested shares authorized.
During the period from and including May 3, 2024 up to the annual general meeting in 2025, the transfer of these shares may take place on the stock exchange.
The maximum number of shares that can be transferred from the company to the stock exchange of their choice is 345,673 shares of series B.
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More information can be found at the Ericsson Newsroom.
The company's portfolio includes networks, cloud software and services, enterprise wireless solutions and global communications platform.
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Ericsson to use mandate to transfer shares.
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In accordance with the resolution by the Annual General Meeting, the company expands its treasury stock.
In accordance with the resolution by the Annual General Meeting, the company expands its treasury stock.

Source prnewswire

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