Miscellaneous
May 16 2003 - 5:37AM
UK Regulatory
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Ericsson repurchases all C-shares for the Stock Purchase Plan 2003
As part of preparing for the Stock Purchase Plan 2003 for employees,
Ericsson repurchases the previously issued C-shares in order to
expand its treasury stock.
The Board of Telefonaktiebolaget LM Ericsson decided on April 28,
2003, based on an authorization given by the Annual General Meeting,
to direct an offer for the acquisition of shares to all owners of
C-shares in Ericsson, i.e. to Nordinvest AB, a subsidiary to AB
Industriv�rden, and Investor AB. The offer was a part of the
implementation of Ericsson's Stock Purchase Plan 2003 and included
all 158 million C-shares, which Ericsson has issued.
Ericsson has today acquired all 158 million shares, which the offer
included and has made payment amounting to a total of SEK
158,435,158.
Ericsson is shaping the future of Mobile and Broadband Internet
communications through its continuous technology leadership.
Providing innovative solutions in more than 140 countries, Ericsson
is helping to create the most powerful communication companies in the
world.
Read more at http://www.ericsson.com/press
FOR FURTHER INFORMATION, PLEASE CONTACT
Media and industry analysts
Peter Olofsson, External Relations, Ericsson Corporate Communications
Phone: +46 8 719 18 80, +46 70 267 34 45
E-mail: press.relations@lme.ericsson.se
Investors and financial analysts
Anna Dimert, Investor Relations, Ericsson Corporate Communications
Phone: +46 8 719 44 14
E-mail: investor.relations@lme.ericsson.se
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