Press release
Buybacks of shares by H&M during week 39, 2024
Between 26 September 2024 and 27 September 2024 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 264,000 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 1 billion share buyback programme that H&M announced on 26 September 2024. The share buyback programme, which runs between 26 September 2024 and no later than 26 November 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): |
|
26 September 2024 |
130,000 |
172.8384 |
22,468,992.00 |
|
27 September 2024 |
134,000 |
173.8024 |
23,289,521.60 |
|
Total accumulated over week 39/2024 |
264,000 |
173.3277 |
45,758,513.60 |
|
Total accumulated during the buyback programme |
264,000 |
173.3277 |
45,758,513.60 |
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 264,000 B shares as of 27 September 2024. The total number of shares in H&M, including the own shares, is 1,610,542,225 and the number of outstanding shares, excluding the own shares, is 1,610,278,225.
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.
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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 Sellpy. For further information, visit hmgroup.com. |