Stockholm:ERICB

Ericsson resolves on an acquisition offer for C shares for LTV I 2023

Retrieved on: 
Thursday, May 2, 2024
Acquisition, Annual, Mass meeting, Treasury, AGM, Investor AB

The Board of Directors of Ericsson has today resolved, by virtue of authorization given by the Annual General Meeting on April 3, 2024 (the "AGM 2024"), to direct an acquisition offer to all holders of C shares to acquire these shares.

Key Points: 
  • The Board of Directors of Ericsson has today resolved, by virtue of authorization given by the Annual General Meeting on April 3, 2024 (the "AGM 2024"), to direct an acquisition offer to all holders of C shares to acquire these shares.
  • Investor AB have today subscribed for all 4.1 million C shares and informed Ericsson that they intend to accept the acquisition offer.
  • Once all 4.1 million C shares have been acquired by Ericsson, the Board intends to convert them to B shares.
  • After the conversion, the total number of shares in Ericsson will amount to 3,348,251,735, of which 261,755,983 are A shares and 3,086,495,752 are B shares.

Ericsson resolves on an acquisition offer for C shares for LTV I 2023

Retrieved on: 
Thursday, May 2, 2024
Acquisition, Annual, Mass meeting, Treasury, AGM, Investor AB

The Board of Directors of Ericsson has today resolved, by virtue of authorization given by the Annual General Meeting on April 3, 2024 (the "AGM 2024"), to direct an acquisition offer to all holders of C shares to acquire these shares.

Key Points: 
  • The Board of Directors of Ericsson has today resolved, by virtue of authorization given by the Annual General Meeting on April 3, 2024 (the "AGM 2024"), to direct an acquisition offer to all holders of C shares to acquire these shares.
  • Investor AB have today subscribed for all 4.1 million C shares and informed Ericsson that they intend to accept the acquisition offer.
  • Once all 4.1 million C shares have been acquired by Ericsson, the Board intends to convert them to B shares.
  • After the conversion, the total number of shares in Ericsson will amount to 3,348,251,735, of which 261,755,983 are A shares and 3,086,495,752 are B shares.

Ericsson's Annual General Meeting 2024

Retrieved on: 
Wednesday, April 3, 2024
Transfer, Employment, Audit, Executive, Nomination, Exercise, Committee, Social Security, Euroclear, Chairperson, AGM, Acquisition, Units of paper quantity, Senior, Parent, Treasury, Committee on Finance, LTV, Nasdaq Stockholm, Balance sheet, Investor AB, Management

STOCKHOLM, April 3, 2024 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held today on April 3, 2024 in Kista, Stockholm.

Key Points: 
  • STOCKHOLM, April 3, 2024 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held today on April 3, 2024 in Kista, Stockholm.
  • The dividend will be paid in two equal installments: SEK 1.35 per share with the record date Friday, April 5, 2024, and SEK 1.35 per share with the record date Wednesday, October 2, 2024.
  • Euroclear Sweden AB is expected to disburse SEK 1.35 per share on Wednesday, April 10, 2024, and SEK 1.35 per share on Monday, October 7, 2024.
  • The company's holding of treasury stock as of April 3, 2024, amounts to 12,184,543 B-shares, corresponding to 1,218,454.3 votes.

Ericsson's Annual General Meeting 2024

Retrieved on: 
Wednesday, April 3, 2024
Transfer, Employment, Audit, Executive, Nomination, Exercise, Committee, Social Security, Euroclear, Chairperson, AGM, Acquisition, Units of paper quantity, Senior, Parent, Treasury, Committee on Finance, LTV, Nasdaq Stockholm, Balance sheet, Investor AB, Management

STOCKHOLM, April 3, 2024 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held today on April 3, 2024 in Kista, Stockholm.

Key Points: 
  • STOCKHOLM, April 3, 2024 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) Annual General Meeting (AGM) was held today on April 3, 2024 in Kista, Stockholm.
  • The dividend will be paid in two equal installments: SEK 1.35 per share with the record date Friday, April 5, 2024, and SEK 1.35 per share with the record date Wednesday, October 2, 2024.
  • Euroclear Sweden AB is expected to disburse SEK 1.35 per share on Wednesday, April 10, 2024, and SEK 1.35 per share on Monday, October 7, 2024.
  • The company's holding of treasury stock as of April 3, 2024, amounts to 12,184,543 B-shares, corresponding to 1,218,454.3 votes.

Invitation to media and analyst briefing for Ericsson Q1 2024 report

Retrieved on: 
Tuesday, April 2, 2024
Ericsson, PDF, Table, Broadcasting

Report to be released at approximately 7:00 AM CEST on April 16, 2024

Key Points: 
  • Report to be released at approximately 7:00 AM CEST on April 16, 2024
    One live video webcast for analysts, investors, and journalists at 9:00 AM CEST
    STOCKHOLM, April 2, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2024 will be published at approximately 7:00 AM CEST on April 16, 2024.
  • The company will issue a press release with the complete financial report attached, including tables, in PDF format.
  • Following publication of the press release, the financial report will be available on Ericsson's website: www.ericsson.com/en/investors/financial-reports/interim-reports
    President and CEO Börje Ekholm and CFO Lars Sandström will comment on the report and take questions at a live video webcast at 9:00 AM CEST (8:00 AM GMT London, 3:00 AM EST New York).
  • The webcast will be available on-demand after the event and can be viewed on our website.

Invitation to media and analyst briefing for Ericsson Q1 2024 report

Retrieved on: 
Tuesday, April 2, 2024
Ericsson, PDF, Table, Broadcasting

Report to be released at approximately 7:00 AM CEST on April 16, 2024

Key Points: 
  • Report to be released at approximately 7:00 AM CEST on April 16, 2024
    One live video webcast for analysts, investors, and journalists at 9:00 AM CEST
    STOCKHOLM, April 2, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the first quarter 2024 will be published at approximately 7:00 AM CEST on April 16, 2024.
  • The company will issue a press release with the complete financial report attached, including tables, in PDF format.
  • Following publication of the press release, the financial report will be available on Ericsson's website: www.ericsson.com/en/investors/financial-reports/interim-reports
    President and CEO Börje Ekholm and CFO Lars Sandström will comment on the report and take questions at a live video webcast at 9:00 AM CEST (8:00 AM GMT London, 3:00 AM EST New York).
  • The webcast will be available on-demand after the event and can be viewed on our website.

Independent Monitor certifies Ericsson's Compliance Program

Retrieved on: 
Thursday, March 28, 2024
Certification, Risk management, Monitor, Record, DOJ, FCPA, Book, Management

STOCKHOLM, March 28, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that on March 28, 2024, the independent compliance Monitor appointed by the U.S. Department of Justice (DOJ) (in June of 2020 in connection with Ericsson's resolution of historical violations of the Foreign Corrupt Practices Act (FCPA) violations) has certified that Ericsson's anti-corruption compliance program has satisfied requirements and is functioning effectively.

Key Points: 
  • STOCKHOLM, March 28, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announced that on March 28, 2024, the independent compliance Monitor appointed by the U.S. Department of Justice (DOJ) (in June of 2020 in connection with Ericsson's resolution of historical violations of the Foreign Corrupt Practices Act (FCPA) violations) has certified that Ericsson's anti-corruption compliance program has satisfied requirements and is functioning effectively.
  • This independent certification is a condition to conclusion of the Monitorship and Plea Agreement, currently expected to occur no later than June 2, 2024.
  • The role of the independent Monitor over the past four years has been to comprehensively review, assess, evaluate and test all aspects of the company's global anti-corruption compliance program and internal controls.
  • In fulfilling its duties, the independent Monitor team has had full access to the company's Board, executives, employees, global operations and books and records.

Ericsson deepens U.S. engagement by establishing Ericsson Federal Technologies Group

Retrieved on: 
Tuesday, March 19, 2024
Research, Government, National Science Foundation, Federation, Executive, USG, Investment, Computer security, Booz Allen Hamilton, Renewable energy

The U.S. Government (USG)'s digital transformation intends to accelerate innovation by focusing on the speedy adoption of commercial technologies.

Key Points: 
  • The U.S. Government (USG)'s digital transformation intends to accelerate innovation by focusing on the speedy adoption of commercial technologies.
  • As the market leader in 5G, Ericsson recognizes the importance of a continued commitment to customers, investments in new technologies to continuously improve services, and the responsibility to national security.
  • Yossi Cohen, President and Head of Ericsson North America, says: "Connecting individuals, businesses, and national security depends on secure, reliable, and resilient 5G infrastructure.
  • Ericsson meets USG requirements for 5G networks, including support for Open RAN-ready technologies and equipment Made in the USA* from its Texas-based USA 5G Smart Factory.

Ericsson Annual Report on Form 20-F filed with the SEC

Retrieved on: 
Tuesday, March 12, 2024
Annual, Annual report, The Annual Report

STOCKHOLM, March 12, 2024 /PRNewswire/ -- On March 12, 2024, Ericsson (NASDAQ:ERIC) filed its Annual Report on Form 20-F for the year ended December 31, 2023, with the U.S. Securities and Exchange Commission (SEC).

Key Points: 
  • STOCKHOLM, March 12, 2024 /PRNewswire/ -- On March 12, 2024, Ericsson (NASDAQ:ERIC) filed its Annual Report on Form 20-F for the year ended December 31, 2023, with the U.S. Securities and Exchange Commission (SEC).
  • The Annual Report is available on Ericsson's website at https://www.ericsson.com/en/investors .
  • Shareholders may request a hard copy of the Annual Report by contacting the company.

Ericsson Annual Report 2023 published

Retrieved on: 
Wednesday, March 6, 2024
Sustainability, Corporate governance, Annual, Remuneration, Corporation, Annual report

The Annual Report 2023 publication consists of Ericsson's Financial report 2023, the Corporate Governance report 2023, the Remuneration report 2023 and the Sustainability and Corporate Responsibility report 2023

Key Points: 
  • The Annual Report 2023 publication consists of Ericsson's Financial report 2023, the Corporate Governance report 2023, the Remuneration report 2023 and the Sustainability and Corporate Responsibility report 2023
    STOCKHOLM, March 6, 2024 /PRNewswire/ -- The Ericsson (NASDAQ: ERIC) Annual Report 2023 in Swedish as well as an English translation are now available to download from the Ericsson website: www.ericsson.com/en/investors .
  • Printed copies of the Annual Report 2023 will be available for order by filling in the form on this page: https://www.ericsson.com/en/investors/financial-reports/order-annual-report
    For further information, please visit the Investor Relations pages: https://www.ericsson.com/en/investors