L M Ericsson AB will propose to the annual meeting in May the creation of new convertible interest-bearing debentures to be offered to its employees, which will have a maturity of five years and will be convertible at a small premium to the share price at the time of issue. Subscribing staff will be guaranteed the equivalent of at least 50 shares.
ERICSSON PROPOSES EMPLOYEE STOCK PLAN
This article is from the CBROnline archive: some formatting and images may not be present.
CBR Staff Writer
CBR Online legacy content.