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ERIC Telefonaktiebolaget LM Ericsson News Story

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Ericsson launches $1.63 billion share buyback program

April 16 (Reuters) - Swedish telecoms gear maker Ericsson ERICb.ST 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)

 ((GursimranKaur.Mehar@thomsonreuters.com;))

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