Increase in the total number of shares in Telefonaktiebolaget LM Ericsson
Telefonaktiebolaget LM Ericsson confirms that as per May 29, 2009 the company's share capital is SEK 16,366,758,678 and the total number of shares is 3,273,351,735, of which 261,755,983 are series A shares, 2,984,595,752 are series B shares and 27,000,000 are series C shares. The total number of votes is 560,215,558.2, of which the series A shares represent 261,755,983 votes and the series B shares represent 298,459,575.2 votes.
The increase in the number of shares is caused by the company's recent issue of 27,000,000 series C shares. These C shares have subsequently been repurchased by the company. This is in accordance with the resolution by the Annual General Meeting 2009 to expand the treasury stock as part of the financing of Ericsson's Long-Term Variable Remuneration Program (LTV) 2009. The company currently holds 85,549,148 shares as treasury stock, of which 58,549,148 are B shares and 27,000,000 are C shares.
The increase in the number of shares is caused by the company's recent issue of 27,000,000 series C shares. These C shares have subsequently been repurchased by the company. This is in accordance with the resolution by the Annual General Meeting 2009 to expand the treasury stock as part of the financing of Ericsson's Long-Term Variable Remuneration Program (LTV) 2009. The company currently holds 85,549,148 shares as treasury stock, of which 58,549,148 are B shares and 27,000,000 are C shares.
No comments: