공시 • Apr 29
Telefonaktiebolaget LM Ericsson (publ) (OM:ERIC B) commences an Equity Buyback for its own shares, representing 10% for, under the authorization approved on March 31, 2026. Telefonaktiebolaget LM Ericsson (publ) (OM:ERIC B) commences share repurchases on April 23, 2026, under the program mandated by the Annual General Meeting held on March 31, 2026. As per the mandate, the company is authorized to repurchase up to its own shares, representing 10% of its issued share capital. The purchases are to be made in accordance with the price limitations set out in Nasdaq Nordic Main Market Rulebook for Issuers of Shares, which states that shares may not be purchased at a price higher than the higher of the price of the last independent trade and the highest current independent purchase bid on the trading venue where the purchase is carried out. Purchases of shares may not be made at a price lower than the lowest price at which an independent purchase can be made. The share repurchase program is valid until the company’s Annual General Meeting in 2027. As of February 27, 2024, the company had 3,371,351,735 issued shares comprising of 261,755,983 shares of series A and 3,109,595,752 shares of series B and had 38,002,276 shares of series B in treasury.
On April 16, 2026, the company announces a Share repurchase Program. Under the program, the company will repurchase up to SEK 15,000 million worth of its Class B shares. The program will commence from April 23, 2026 and valid till end on March 31, 2027, at the latest. New Risk • Apr 19
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Apr 19
First quarter 2026 earnings released: EPS: kr0.27 (vs kr1.25 in 1Q 2025) First quarter 2026 results: EPS: kr0.27 (down from kr1.25 in 1Q 2025). Revenue: kr49.3b (down 10% from 1Q 2025). Net income: kr888.0m (down 79% from 1Q 2025). Profit margin: 1.8% (down from 7.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Declared Dividend • Apr 15
Dividend of kr1.50 announced Shareholders will receive a dividend of kr1.50. Ex-date: 28th September 2026 Payment date: 2nd October 2026 Dividend yield will be 16%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 20% over the next 3 years. However, it would need to fall by 61% to increase the payout ratio to a potentially unsustainable range. 공시 • Feb 26
Ericsson Demonstrates Breakthrough Drone Detection Proof of Concept At Texas Headquarters Ericsson announced a successful live proof of concept of its ISAC (Integrated Sensing and Communication) technology at the company's U.S. Headquarters in Plano, Texas, signaling a major step forward in the evolution of networks that both connect and sense the world around them. The live proof of concept centered on drone detection using Ericsson's massive-MIMO radios, showcasing the network's ability to track unmanned aerial vehicles (UAVs) within surrounding airspace. This proof of concept demonstrates that the US is a global leader in ISAC technology which enhances national security, optimizes spectrum use, and drives economic growth. ISAC is an innovative technology that enables use cases across commercial, public safety and defense scenarios, enabling faster adoption of new emerging technologies like autonomous systems and drone delivery in commercial settings. From a defense scenario, itaugments national security and provides an additional layer of safety. ISAC integrates sensing and spatial location of passive (not connected) objects into the mobile communication network - extending network functionality beyond connectivity by enabling the detection and characterization of objects and movement using existing infrastructure. The capability is progressing in 3GPP with initial studies in Release 19 and is expected to form part of early 6G standardization, showing the foundation for broad, scalable sensing applications. Safer, smarter infrastructure: Network-based sensing can support use cases by augmenting local sensors with wide-area network awareness. Efficient path to scale: ISAC is designed to reuse existing mobile network sites, spectrum, and hardware, enabling pragmatic introduction and coverage at scale. Road to 6G: 3GPP studies have begun, with ISAC poised to become a foundational capability in the 6G era. The proof of concept underscores Ericsson's commitment to advancing 6G-era capabilities and collaborating with the broader ecosystem to validate real-world scenarios and deployment approaches across sites, spectrum, and hardware integration levels. Ericsson has invested more than $150 million in the factory and is the only manufacturer making telecom equipment at scale in the US. The highly automated, 300,000-square-foot facility supports more than 550 US manufacturing jobs and strengthens secure, resilient domestic supply chains. As 6G technology matures, Ericsson plans to build-on this US-based manufacturing foundation to support future deployments. 
