Thursday, May 29, 2008

Ericsson Finalizes Reverse Split 1:5

Ericsson will undertake a reverse split 1:5 of the company's shares. The reverse split has the effect that five shares of series A and five shares of series B, respectively, are consolidated into one share of series A and one share of series B, respectively. The first day of trading in the company's A and B shares after the reverse split is June 2, 2008. The record date for the reverse split is June 4, 2008.

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