Telefonaktiebolaget LM Ericsson (ERIC-B.ST) Stock Price

Telefonaktiebolaget LM Ericsson, known as Ericsson, is a communications technology company with its global headquarters in Stockholm. According to its website it provides hardware, software and services for connectivity, with offerings for service providers, enterprises and the public sector. The company goes back to 1876, when Lars Magnus Ericsson and his friend Carl Johan Andersson opened a telegraph repair shop in Stockholm in April of that year, trading as Firma L.M. Ericsson & Co.

Ericsson was transformed into a limited liability company in 1896, a step its history describes as part of becoming an international enterprise. The A share was listed on the Stockholm Stock Exchange in May 1919 and the B share in January 1929, and the Ericsson ADR began trading on Nasdaq in New York in 1985. Today the shares trade on Nasdaq Stockholm as ERIC A and ERIC B, and the American depositary shares trade on Nasdaq in New York as ERIC. At annual general meetings one A share carries one vote and one B share one tenth of a vote; dividends are the same for both classes.

Those following Ericsson stock usually watch the investment cycles of mobile network operators, developments in next-generation network technology, demand for enterprise and public sector solutions and the company's share buyback announcements. On the Lzzo.com Ericsson page, the price of the Stockholm-listed shares appears with its observation time, together with a price history chart and technical indicators.