Press release

Buybacks of shares by H&M during week 47, 2023

Between 20 November 2023 and 24 November 2023 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 700,000 own B shares (ISIN: SE0000106270) as part of the share buyback programme initiated by the board of directors.

The share buybacks form part of the SEK 3.0 billion share buyback programme that H&M announced on 27 September 2023. The share buyback programme, which runs between 27 September 2023 and no later than 31 March 2024, 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):

20 November 2023

 145,000

 168.7219

24,464,676

21 November 2023

 145,000

 169.2956

24,547,862

22 November 2023

 145,000

 169.9982

24,649,739

23 November 2023

 130,000

 173.7670

22,589,710

24 November 2023

 135,000

 173.5591

23,430,479

Total accumulated over week 47/2023

700,000

 170.9750

119,682,465

Total accumulated during the buyback programme

6,583,790

 155.9809

1,026,945,843

 

All acquisitions have been carried out on Nasdaq Stockholm by Danske Bank on behalf of H&M. Following the above acquisitions, H&M’s holding of own shares amounts to 6,583,790 B shares as of 27 November 2023. The total number of shares in H&M, including the own shares, is 1,629,686,837 and the number of outstanding shares, excluding the own shares, is 1,623,103,047.

A full breakdown of the transactions is attached to this announcement.

 

Contact:

Joseph Ahlberg, Head of Investor Relations

Telephone: +46 73 465 93 92

E-mail: joseph.ahlberg@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, ARKET and Afound as well as Sellpy. For further information, visit hmgroup.com.