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Article: The Board of Ericsson Proposes a Continuation of the Stock Purchase Plan for Employees to the Shareholders' Meeting.
- Article from:
- Business Wire
- Article date:
- March 4, 2003
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Business Editors/High-Tech Writers
STOCKHOLM, Sweden--(BUSINESS WIRE)--March 4, 2003
The Board of Ericsson (NASDAQ: ERICY) has decided to present a proposal to the Annual General Meeting regarding the continuation of the stock purchase plan, which was introduced 2001.
The Stock Purchase Plan 2003 shall be directed to basically all Ericsson employees and the contribution period is scheduled to commence during the autumn of 2003.
The Board of Ericsson has decided to propose a continued stock purchase plan in order to encourage an increased shareholding among the employees. In the Board's opinion it is particularly important to encourage ...