Investor FAQ

• Nasdaq Stockholm: ERIC A/ERIC B
• Nasdaq New York: ERIC

The ISIN-code for the Ericsson B share is SE0000108656

One A share carries one vote at Annual General Meetings and one B share carries one tenth of a vote.

No. The Company’s Articles of Association do not include a conversion clause that enables shares of series A to be converted to shares of series B, or the other way around.

The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York.

The Ericsson A-share was listed on the Stockholm Stock Exchange on May 15, 1919 and the B-share was listed in January 1929.

The Ericsson ADR share was listed on the New York Nasdaq Exchange in 1985.

You can find archived annual and quarterly reports on our page Financial reports and presentations

For Annual Reports older than five years, please visit Ericsson History

You can purchase Ericsson shares through your bank or brokerage firm.

No. Ericsson does not currently have a direct stock purchase plan (DSPP) or a Dividend reinvestment program (DRIP).

Ericsson does not have a database of shareholders or their holdings. You should contact your bank, where you bought your shares and have your depository, for information regarding your holding.

Employees
"HR Direct" through the switchboard +46 10 719 0000, or by email: hr.direct@ericsson.com

Former employees
Contact Computershare via their portal EquatePlus (www.equateplus.com) or via phone:
+44 344 472 6015 (International (UK),
+46 200 896 295 (Sweden local) or
+1 (781) 575 2525 (USA)

In case you experience issues with your logon credentials, contact Computershare on above numbers. They are available 24 hours a day, 5 days a week.

Yes, and since Ericsson is a listed company, the share register is managed by Euroclear. For access to share registers, please contact Euroclear in one of the following ways:

Email: clear_settle@euroclear.eu
Phone: +46 8-402 9150
More information: https://www.euroclear.com/sweden/sv.html/

Euroclear Sweden AB
PO Box 191
SE-101 23 Stockholm
Telephone: +46 (0)8-402 90 00
Email: customer.relations@euroclear.com

Find all information related to our Annual General Meeting of shareholders here: Shareholder meetings - Ericsson

The Annual General Meeting is an event for shareholders, who may attend in person or be represented by a proxy.

Our notice to general meetings is published on this page: www.ericsson.com/investors. It is generally published five weeks prior to the general meeting. Please also contact your bank to see if they can provide you with any information.

You may also request to receive the notice in physical form by contacting boardsecretariat@ericsson.com 

A share buyback means that a company purchases its own shares back from its shareholders. It is a way for the company to return capital to shareholders, and thus similar to a dividend.

A dividend payment is a direct payment of cash to shareholders whereas a share buyback is an alternative form of shareholder distribution, where a company buys back its own stock from shareholders, effectively reducing the number of outstanding shares and increasing the proportional rights of any single share.

No. The program will be executed only in Ericsson’s Class B shares on Nasdaq Stockholm.

No. This is Ericsson’s inaugural share buyback program.

We don’t comment on the value of our shares. The decision to repurchase shares is primarily a capital allocation and capital structure decision. We remain focused on long-term value creation and disciplined capital allocation.

We consider dividends and buybacks as complementary tools. Dividends provide a direct cash return, while buybacks provide flexibility in timing and scale and can be an efficient way to return capital, including through reducing the share count if cancelled. Our approach is to balance these tools in line with Ericsson’s capital allocation principles.

We are initiating the program now because we have the shareholder authorisation and Board approval in place and consider it an appropriate time to execute a structured return of capital in line with our capital allocation principles.

The program is designed to be executed over an extended period, which helps reduce the risk of concentrating purchases at any single price level. Purchases will be made in the market within applicable regulatory and volume constraints.

No. The reason for undertaking the share buyback is to optimize the capital structure of the company and distribute excess capital to shareholders.

ADRs are a negotiable US dollar denominated certificate representing ownership of shares in a non-US company.  Ericsson’s ADRs represent Ericsson’s ordinary shares deposited with the depositary bank, to underlie such certificates and carry the rights attached to them as detailed in the Depositary Agreement. Holders of ADRs receive dividends in US dollars and have the right to vote on shareholders resolutions. The term ADR and ADS are often used interchangeably. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by US investors. 

You can buy and sell Ericsson ADRs through any broker licensed to buy and sell US securities.

If you opt to be a registered holder, you may contact Deutsche Bank, Ericsson's ADR depositary bank, at:
Deutsche Bank Trust Company Americas
c/o Equiniti Trust Company LLC
Toll-free number: +1 877 881 5969
Direct Dial: +1 718 921 8137
E-mail: adr@equiniti.com

There are 2 ways to hold ADRs. Either you hold ADRs through your usual bank or broker, in which case you are a "beneficial holder".

Alternatively, you can hold your ADRs directly through Deutsche Bank as ADR depositary, in which case you are a "registered holder". You are therefore on the company's shareholder register that is maintained by Ericsson’s ADR depositary, Deutsche Bank. Registered holders of Ericsson ADRs may hold their ADRs either physically in the form of a certificate or in uncertificated, book-entry form, evidenced by an account statement.

This is the relation between the number of ADRs and the number of ordinary shares.
Every 1 ordinary Ericsson share represents 1 Ericsson ADR.

CUSIP: 294821608
DR ISIN: US2948216088

The Depositary Bank for Ericsson's ADR program is administered by Deutsche Bank Trust Company Americas.

Deutsche Bank ADR broker services desks:
New York: +1 212 250 9100
London: +44 207 547 6500
Email: adr@db.com

For registered ADR Holders
Deutsche Bank Trust Company Americas
c/o Equiniti Trust Company LLC
Toll-free number: +1 877 881 5969
Direct Dial: +1 718 921 8137
E-mail: adr@equiniti.com

The depositary bank plays a key role in issuance and cancellation of ADRs. It also maintains the ADR holder register, distributes the dividends in US dollars and facilitates the exercise by the ADRs holders of their voting rights.

The dividend payment is subject to AGM approval in March. Dividends are paid twice a year in April and in October. The ADR payment date is typically within 5 business days of the Swedish payment date.

Dividend fee of $0.01 per ADR ($0.005 per dividend distribution, in April and October).
Annual service fee of $0.02 per ADR (in October).

Ericsson uses the fees it receives from dividends to offset, in part, the costs related to SEC registration, including Sarbanes-Oxley related expenses, stock exchange listing fees and administering the ADR facility.