Press release

Buybacks of shares by H&M during week 51, 2023

Between 18 December 2023 and 22 December 2023 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 623,000 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):

18 December 2023

 130,000

 180.9978

23,529,714

19 December 2023

 125,000

 181.1160

22,639,500

20 December  2023

 130,000

 180.8528

23,510,864

21 December 2023

 120,000

 181.3318

21,759,816

22 December 2023

 118,000

 177.8750

20,989,250

Total accumulated over week 51/2023

623,000

 180.4641

112,429,144

Total accumulated during the buyback programme

9,281,790

 161.5654

1,499,615,924

 

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 9,281,790 B shares as of 22 December 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 1,620,405,047.

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.