Share capital
On April 9, 2008 the Annual General Meeting decided on a reverse split of shares 1:5 and a B-share/ADS ratio change from 10:1 to 1:1. The last day of trading in the company´s shares on NASDAQ OMX Stockholm before the reverse split was May 30, 2008 and the first day of trading after the reverse split was June 2, 2008. At the same time the quotient value of the share was increased from SEK 1 to SEK 5. The first day of trading with ADSs on NASDAQ with ratio 1:1 to the consolidated shares was June 10, 2008.
As of December 31, 2008, Ericsson’s share capital was SEK 16,231,758,678 (16,132,258,678) represented by 3,246,351,735 (16,132,258,678) shares. The quotient value of each share is SEK 5,00 (SEK 1.00). As of December 31, 2008, the shares were divided into 261,755,983 (1,308,779,918) Class A shares, each carrying one vote, and 2,984,595,752 (14,823,478,760) Class B shares, each carrying one-tenth of one vote. As of December 31, 2008, Ericsson held 61,066,097 Class B shares as treasury shares.
There were 19,900,000 shares repurchased by Ericsson in 2008.
| Changes in number of shares and capital stock 2004–2008 | |||
| Number of shares | Share capital | ||
| 2004 | December 31 (no changes) | 16,132,258,678 | 16,132,258,678 |
| 2005 | December 31 (no changes) | 16,132,258,678 | 16,132,258,678 |
| 2006 | December 31 (no changes) | 16,132,258,678 | 16,132,258,678 |
| 2007 | December 31 (no changes) | 16,132,258,678 | 16,132,258,678 |
| 2008 | June 2, reverse split 1:5 | 3,226,451,735 | 16,132,258,678 |
| 2008 | July 23, new issue. (Class C-shares, later converted to Class B) |
19,900,000 | 99,500,000 |
| 2008 | December 31 | 3,246,351,735 | 16,231,758,678 |
Earnings per share, diluted 2004–2008 (SEK)
