Connect with us

Technology

Ericsson to utilize mandate to transfer shares

Published

on

STOCKHOLM, May 19, 2025 /PRNewswire/ — Ericsson’s (NASDAQ: ERIC) annual general meeting on March 25, 2025 authorized the company to, in conjunction with the delivery of vested shares under the long-term variable compensation program 2022 (“LTV 2022”), prior to the annual general meeting in 2026, retain and sell no more than 60% of the vested LTV 2022 shares of series B in the company.

This is made in order to cover for the costs for withholding and paying tax and social security liabilities on behalf of the participants in relation to the performance share awards for remittance to revenue authorities. Ericsson has decided to utilize the authorization to transfer shares for these purposes.

The transfer of these shares may take place on Nasdaq Stockholm during the period from and including May 19, 2025 up to the annual general meeting 2026 at a price within the price interval registered from time to time.

Ericsson currently holds 38,390,417 shares of series B in the company and the maximum number of shares that may be transferred on Nasdaq Stockholm pursuant to the decision to utilize the authorization amounts to 368,692 shares of series B in the company.

NOTES TO EDITORS:

FOLLOW US:
Subscribe to Ericsson press releases
Subscribe to Ericsson blog posts
https://x.com/ericsson
https://www.facebook.com/ericsson
https://www.linkedin.com/company/ericsson

MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com  (+46 10 719 69 92)
investor.relations@ericsson.com  (+46 10 719 00 00)

ABOUT ERICSSON:

Ericsson’s high-performing networks provide connectivity for billions of people every day. For nearly 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ericsson/r/ericsson-to-utilize-mandate-to-transfer-shares,c4151946

The following files are available for download:

https://mb.cision.com/Main/15448/4151946/3454759.pdf

Ericsson to utilize mandate to transfer shares

 

View original content:https://www.prnewswire.com/apac/news-releases/ericsson-to-utilize-mandate-to-transfer-shares-302458748.html

SOURCE Ericsson

Continue Reading

Technology

Corvex to Host Third Quarter 2026 Earnings Call on Thursday, November 12, 2026

Published

on

By

ARLINGTON, Va., Nov. 3, 2026 /PRNewswire/ — Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced that it will report its third quarter 2026 financial results before the market open on Thursday, November 12, 2026.

Management will host a conference call and live audio webcast that day at 8:30 a.m. ET / 5:30 a.m. PT to discuss the results and provide a business update.

The call will consist of prepared remarks followed by a question-and-answer session. Investors who would like to submit a question in advance may email Corvex Investor Relations at investor-relations@corvex.ai.

The live webcast of the earnings conference call can be accessed at the Corvex Investor Relations website at investors.corvex.ai. A replay of the webcast will be available at the same website following the call. Investors can also sign up for email alerts.

About Corvex, Inc.
Corvex, Inc. (Nasdaq: MOVE) is an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads, and a publicly traded pure-play AI compute platform. The company provides secure, scalable and cost-efficient compute resources through GPU-accelerated clusters, high-throughput storage and a layered architecture engineered for reliability, performance and efficiency at scale. Corvex’s product suite includes AI Factories and GPU Clusters, the Assured AI confidential-computing platform, as well as the Corvex Token Factory, an inference platform now publicly available. For more information, visit corvex.ai.

Investor Contact
investor-relations@corvex.ai 

Media Contact
corvex.media@stillpointglobaladvisors.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/corvex-to-host-third-quarter-2026-earnings-call-on-thursday-november-12-2026-302928409.html

SOURCE Corvex

Continue Reading

Technology

Cisco Schedules Conference Call for Q1 Fiscal Year 2027 Financial Results

Published

on

By

SAN JOSE, Calif., Nov. 3, 2026 /PRNewswire/ — Cisco (NASDAQ: CSCO) has scheduled a conference call for Thursday, Nov 12, 2026, at 1:30 PM (PT); 4:30 PM (ET) to announce its first quarter fiscal year 2027 financial results for the period ending Saturday, October 24, 2026.

Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Thursday, Nov 12, 2026. Cisco’s quarterly earnings press release will be posted at https://newsroom.cisco.com.  

Date:                     
Thursday, Nov 12, 2026

Time:                     
1:30 PM (PT); 4:30 PM (ET)

To Listen via Telephone: 
888-848-6507
212-519-0847 (for International Callers)

To Listen via the Internet: 
We are pleased to offer a live and replay audio broadcast of the conference call with corresponding slides at https://investor.cisco.com.

The conference call will also be livestreamed on YouTube, LinkedIn, & X.

Replay:
A telephone playback of the Q1 FY2027 conference call is scheduled to be available beginning at 4:00 PM (PT) on Nov 12, 2026, through 11:59 PM (PT) Nov 18, 2026. The replay will be accessible by calling 800-839-2232 (International callers: 203-369-3662). The call runs 24 hours/day, including weekends. An archived version of the webcast will be available on Cisco’s Investor Relations website at https://investor.cisco.com.

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all. Discover more on The Newsroom and follow us on X at @Cisco.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/cisco-schedules-conference-call-for-q1-fiscal-year-2027-financial-results-302928403.html

SOURCE Cisco Systems, Inc.

Continue Reading

Technology

Powerfleet Sets Second Quarter Fiscal 2027 Conference Call for Monday, November 9, 2026, at 8:30 a.m. ET

Published

on

By

WOODCLIFF LAKE, N.J., Nov. 3, 2026 /PRNewswire/ — Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Monday, November 9, 2026, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the second quarter fiscal year 2027 ended September 30, 2026. Financial results will be issued in a press release prior to the call.

Powerfleet management will host the presentation, followed by a question-and-answer session.

Date: Monday, November 9, 2026
Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)
Toll Free: 888-506-0062
International: 973-528-0011
Participant Access Code:  906580

The conference call will be broadcast simultaneously and available for replay here and via the investor section of the company’s website at ir.powerfleet.com.

ABOUT POWERFLEET
Powerfleet (Nasdaq: AIOT; JSE: PWR) is a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry. With more than 30 years of experience, Powerfleet unifies business operations through the ingestion, harmonization, and integration of data, irrespective of source, and delivers actionable insights to help companies save lives, time, and money. Powerfleet’s ethos transcends our data ecosystem and commitment to innovation; our people-centric approach empowers our customers to realize impactful and sustained business improvement. The Company is headquartered in New Jersey, United States, with offices around the globe. Explore more at www.powerfleet.com. Powerfleet has a primary listing on The Nasdaq Global Market and a secondary listing on the Main Board of the Johannesburg Stock Exchange (JSE).

Powerfleet Investor Contacts
Carolyn Capaccio and Jody Burfening
Alliance Advisors IR
AIOTIRTeam@allianceadvisors.com

Powerfleet Media Contact
Jonathan Bates
jonathan.bates@powerfleet.com 
+44 7921 242 892

View original content to download multimedia:https://www.prnewswire.com/news-releases/powerfleet-sets-second-quarter-fiscal-2027-conference-call-for-monday-november-9-2026-at-830-am-et-302928379.html

SOURCE Powerfleet

Continue Reading

Trending