Ericsson launches $1.63 billion share buyback program
16/04/2026 17:59
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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