Increase in the total number of shares and votes in Telefonaktiebolaget LM Ericsson
JUN 29, 2012 - 02:07 ET
STOCKHOLM, SWEDEN--(Marketwire - June 29, 2012) - Telefonaktiebolaget LM Ericsson
The increase in the number of shares and votes is caused by the company's recent issue of 31,700,000 shares of series C, which shares have subsequently been repurchased by the company and converted into shares of series B, by virtue of a conversion clause in the articles of association. This is in accordance with the resolution by the Annual General Meeting 2012 to expand the treasury stock as part of the financing of Ericsson's Long-Term Variable Remuneration Program (LTV) 2012. The company currently holds 89,695,956 shares as treasury stock.
Ericsson discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on June 29, 2012, at 08.00am CET.
Increase in the total number of shares and votes in Telef. LM E: http://hugin.info/1061/R/1622883/518719.pdf
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Source: Ericsson via Thomson Reuters ONE [HUG#1622883]
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