On December 31, 1997, Telefonaktiebolaget LM Ericsson B ADR (ERIC) had a market capitalization of $15.8B, based on 1.3B shares at a price of $12.10.
| DATE | CLOSE | VOLUME | OUTSTANDING | MARKET CAP |
|---|---|---|---|---|
December 31 1997 | $12.10 | 1,495,680 | 1,302,250,000 | $15,759,308,600.00 |
December 30 1997 | $12.37 | 2,986,080 | 1,302,250,000 | $16,102,581,700.00 |
December 29 1997 | $12.37 | 3,024,000 | 1,302,250,000 | $16,102,581,700.00 |
December 26 1997 | $11.72 | 1,147,040 | 1,302,250,000 | $15,257,812,125.00 |
December 24 1997 | $11.35 | 1,518,720 | 1,302,250,000 | $14,782,621,100.00 |
December 23 1997 | $11.27 | 3,032,960 | 1,302,250,000 | $14,677,138,850.00 |
December 22 1997 | $11.25 | 5,104,640 | 1,302,250,000 | $14,650,703,175.00 |
December 19 1997 | $11.76 | 6,943,040 | 1,302,250,000 | $15,310,683,475.00 |
December 18 1997 | $11.88 | 6,618,560 | 1,302,250,000 | $15,469,037,075.00 |
December 17 1997 | $12.32 | 4,397,120 | 1,302,250,000 | $16,049,710,350.00 |
December 16 1997 | $12.10 | 4,641,600 | 1,302,250,000 | $15,759,308,600.00 |
December 15 1997 | $11.78 | 7,808,800 | 1,302,250,000 | $15,336,988,925.00 |
December 12 1997 | $11.70 | 9,314,560 | 1,302,250,000 | $15,231,376,450.00 |
December 11 1997 | $11.86 | 11,710,560 | 1,302,250,000 | $15,442,601,400.00 |
December 10 1997 | $11.64 | 15,307,200 | 1,302,250,000 | $15,152,199,650.00 |
December 09 1997 | $12.53 | 5,600,160 | 1,302,250,000 | $16,313,676,425.00 |
December 08 1997 | $13.03 | 6,020,160 | 1,302,250,000 | $16,973,656,725.00 |
December 05 1997 | $13.30 | 5,592,800 | 1,302,250,000 | $17,316,799,600.00 |
December 04 1997 | $12.83 | 8,048,000 | 1,302,250,000 | $16,709,690,650.00 |
December 03 1997 | $12.89 | 19,068,480 | 1,302,250,000 | $16,788,867,450.00 |
December 02 1997 | $12.53 | 12,278,880 | 1,302,250,000 | $16,313,676,425.00 |
December 01 1997 | $13.54 | 6,745,760 | 1,302,250,000 | $17,633,637,025.00 |
