Between 5 September 2022 and 9 September 2022 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,216,431 own B shares (ISIN: SE0000106270) as part of the share buyback programme initiated by the board of directors.
Press release
Buybacks of shares by H&M during week 36, 2022
The share buybacks form part of the SEK 3.0 billion share buyback programme that H&M announced on 29 June 2022. The share buyback programme, which runs between 29 June 2022 and 30 November 2022, is being carried out in accordance with Regulation (EU) No 596/2014 on market abuse (the Market Abuse Regulation – MAR) and Commission Delegated Regulation (EU) 2016/1052 (the so-called Safe Harbour Regulation).
H&M B shares have been repurchased as follows:
| Date: | Aggregated daily volume (number of shares): | Weighted average share price per day (SEK): | Total daily transaction value (SEK): |
| 5 September 2022 | 241,439 | 111.0274 | 26,806,344.43 |
| 6 September 2022 | 231,257 | 114.0974 | 26,385,822.43 |
| 7 September 2022 | 248,376 | 110.7067 | 27,496,887.32 |
| 8 September 2022 | 245,767 | 108.7511 | 26,727,431.59 |
| 9 September 2022 | 249,592 | 111,7431 | 27,890,183.82 |
| Total accumulated over week 36/2022 | 1,216,431 | 111.2325 | 135,306,669.59 |
| Total accumulated during the buyback program | 11,303,651 | 124.9081 | 1,411,917,452.23 |
All acquisitions have been carried out on Nasdaq Stockholm by SEB on behalf of H&M. Following the above acquisitions, H&M’s holding of own shares amounts to 11,303,651 B shares as of 9 September 2022. The total number of shares in H&M, including the own shares, is 1,655,072,000 and the number of outstanding shares, excluding the own shares, is 1,643,768,349.
A full breakdown of the transactions is attached to this announcement.
Contact:
Nils Vinge, Head of Investor Relations
Telephone: +46 8 796 5250
E-mail: nils.vinge@hm.com
For more information from the H&M group and press images visit hmgroup.com/media.
| H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. H&M’s business idea is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands COS, Monki, Weekday, & Other Stories, H&M HOME and ARKET as well as Afound. For further information, visit hmgroup.com. |