Ericsson resolves on an acquisition offer for C shares for LTV I 2023
In accordance with the resolution by the Annual General Meeting 2024, Ericsson (NASDAQ:ERIC) expands its treasury stock in order to provide shares for the Long-Term Variable Compensation Program LTV I 2023 for Ericsson’s executive team.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. The acquisition shall be made during the period May 14 – May 27, 2024 and payment for acquired shares shall be made in cash