** Shares in Sweden's Ericsson ERICb.ST rise around 11%, to the top of STOXX 600 .STOXX, after the telecoms gear maker posted a Q4 print above market expectations, and said it plans to return 15 billion Swedish crowns ($1.66 billion) to investors through share repurchases
** It reported adjusted EBIT of 12.26 billion Swedish crowns for Q4, above the 10.09 billion Swedish crowns average forecast in an Infront poll of analysts
** Ericsson also lifted its annual dividend payout to 3 crowns per share from 2.85 crowns last year
** Peer Nokia is up about 3% in early trade, also among top performers on the pan-european STOXX 600 index
($1 = 9.0109 Swedish crowns)
(Reporting by Elviira Luoma)
((Elviira.luoma@thosmonreuter.com))