US Stock Market Move | Stock price continues to rise! Telefonaktiebolaget LM Ericsson Sponsored ADR Class B (ERIC.US) is up over 4%.

Following last week's nearly 9% surge, Telefonaktiebolaget LM Ericsson Sponsored ADR Class B (ERIC.US) continued its upward trend this week, with the company's stock price increasing by over 4% on Tuesday to reach $11.12. In terms of news, the company recently released a strong fourth-quarter financial report for the fiscal year 2025. Telefonaktiebolaget LM Ericsson Sponsored ADR Class B's fourth-quarter adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITA) reached 12.7 billion Swedish Krona, showing a 24% increase compared to the same period last year, significantly higher than analysts' previous estimate of 10.5 billion Swedish Krona. Furthermore, its adjusted EBITA profit margin increased to 18.3%. Additionally, Telefonaktiebolaget LM Ericsson Sponsored ADR Class B announced that they will propose a dividend of 3 Swedish Krona per share for the year 2025 and introduce a stock repurchase plan worth 15 billion Swedish Krona. It is worth noting that this is the first time Telefonaktiebolaget LM Ericsson Sponsored ADR Class B has proposed such a large-scale stock buyback plan since its inception.