Ericsson to utilize mandate to transfer shares
Ericsson’s (NASDAQ:ERIC) annual general meeting on March 29, 2023 authorized the company’s board of directors to resolve on the transfer of the company’s own shares. Under the authorization the company may, in conjunction with the delivery of vested shares under the long-term variable compensation programs 2019 and 2020 (“LTV 2019” and “LTV 2020”), prior to the annual general meeting in 2024, decide to retain and sell no more than 60% of the vested shares of series B in the company in order to cover for the costs for withholding and paying tax and social security liabilities on behalf of
The Group in summary
01/10/ 01/10/22 Full year Full year 23 -31/12 -31/12/22 2023 2022 /23Net sales 1 626 3 884 8 015 9 684 Operating result -20 -23 394 -93 579 -64 413 823Result after -19 -23 045 -91 464 -64 155 financial items 880