Between 14 November 2022 and 18 November 2022 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,370,000 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 46, 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): |
| 14 November 2022 | 270,000 | 124.3689 | 33,579,603.00 |
| 15 November 2022 | 270,000 | 123.8195 | 33,431,265.00 |
| 16 November 2022 | 275,000 | 120.6390 | 33,175,725.00 |
| 17 November 2022 | 285,000 | 116.5740 | 33,223,590.00 |
| 18 November 2022 | 270,000 | 117.2418 | 31,655,286.00 |
| Total accumulated over week 46/2022 | 1,370,000 | 120.4857 | 165,065,469.00 |
| Total accumulated during the buyback program | 23,780,545 | 118.2346 | 2,811,682,161.78 |
From and including 15 September 2022 all acquisitions are being carried out on Nasdaq Stockholm by BNP Paribas on behalf of H&M. Earlier acquisitions, i.e. during the period 29 June 2022 – 14 September 2022, were carried out by SEB. Following the above acquisitions, H&M’s holding of own shares amounts to 23,780,545 B shares as of 18 November 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 1,631,291,455.
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. |