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Ericsson's profit beats market view, plans $1.7 billion buyback

Ericsson raised its annual dividend and will return $1.7 billion to shareholders through a share buyback after exceeding Q4 earnings forecasts, driven by cost cuts and asset sales.

Jan 23 : Swedish telecoms gear maker Ericsson said it planned to return 15 billion Swedish crowns ($1.7 billion) to investors through share repurchases as it trounced quarterly earnings expectations on Friday.The company reported adjusted earnings before interest and taxes, excluding restructuring charges, o

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Swedish telecommunications equipment company Ericsson recorded a 75% increase in its net profit in the fourth quarter. The jump reflects the efforts made to limit costs.

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Channel News Asia broke the news in Singapore on Friday, January 23, 2026.
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