Between 12 September 2022 and 16 September 2022 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,236,394 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 37, 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): |
| 12 September 2022 | 256,921 | 115.3151 | 29,626,870.81 |
| 13 September 2022 | 255,000 | 114.9350 | 29,308,425.00 |
| 14 September 2022 | 257,284 | 112.6004 | 28,970,281.31 |
| 15 September 2022 | 255,000 | 110.3640 | 28,142,820.00 |
| 16 September 2022 | 212,189 | 107.8250 | 22,879,278.93 |
| Total accumulated over week 37/2022 |
1,236,394 | 112.3652 | 138,927,676.05 |
| Total accumulated during the buyback programme |
12,540,045 | 123.6714 | 1,550,845,128.28 |
During the period 29 June 2022 – 14 September 2022 the acquisitions were made by SEB on behalf of H&M. Thereafter, i.e. from and including 15 September 2022, the acquisitions are being made by BNP Paribas. All acquisitions since 29 June 2022 have been made on Nasdaq Stockholm. Following the above acquisitions, H&M’s holding of own shares amounts to 12,540,045 B shares as of 16 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 1,642,531,955.
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. |