Ericsson (NASDAQ:ERIC) confirms that as per June 30, 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 and 3,011,595,752 are series B shares. The total number of votes is 562,915,558.2, of which the series A shares represent 261,755,983 votes and the series B shares represent 301,159,575.2 votes.
The increase in the number of votes is caused by the company having converted 27,000,000 newly issued series C shares into series B shares, by virtue of a conversion clause in the articles of association. 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 84,548,772 shares as treasury stock.
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