Increase in the total number of shares and votes in Telefonaktiebolaget LM Ericsson
May 31 2016 - 2:01AM
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)
confirms that as per May 31, 2016, the company's share capital
amounts to SEK 16,655,758,678 and the total number of shares is
3,331,151,735, of which 261,755,983 are shares of series A and
3,069,395,752 are shares of series B. The total number of votes is
568,695,558.2, of which the series A shares represent 261,755,983
votes and the series B shares represent 306,939,575.2 votes.
The increase in the number of shares and votes is
caused by the company's recent issue of 26,100,000 shares of series
C, which shares have subsequently been repurchased by the company
and converted into shares of series B, by virtue of a conversion
clause in the articles of association. This is in accordance with
the resolution by the Annual General Meeting 2016 to expand the
treasury stock as part of the financing of Ericsson's Long-Term
Variable Remuneration Program (LTV) 2016. The company currently
holds 69,331,486 shares as treasury stock.
NOTES TO EDITORS
For media kits, backgrounders and high-resolution
photos, please visit www.ericsson.com/press
Ericsson is the driving force
behind the Networked Society - a world leader in communications
technology and services. Our long-term relationships with every
major telecom operator in the world allow people, business and
society to fulfill their potential and create a more sustainable
future.
Our services, software and
infrastructure - especially in mobility, broadband and the
cloud - are enabling the telecom industry and
other sectors to do better business, increase efficiency, improve
the user experience and capture new opportunities.
With approximately 115,000
professionals and customers in 180 countries, we combine global scale with technology and services
leadership. We support networks that connect more than 2.5 billion
subscribers. Forty percent of the world's mobile traffic is carried
over Ericsson networks. And our investments in research and
development ensure that our solutions - and our customers - stay in
front.
Founded in 1876, Ericsson has its
headquarters in Stockholm, Sweden. Net sales in 2015 were SEK 246.9 billion (USD 29.4 billion). Ericsson is
listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in
New York.
www.ericsson.com
www.ericsson.com/news
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www.youtube.com/ericsson
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com
Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: investor.relations@ericsson.com
Ericsson discloses the information provided herein
pursuant to the Securities Markets Act and/or the Financial
Instruments Trading Act. The information was submitted for
publication on May 31, 2016, at 08.00 am.
Increase in the total number of
shares and votes in LM Ericsson
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Ericsson via Globenewswire
HUG#2016637
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