Share buyback
Buybacks of shares by H&M during weeks 47 and 48, 2022.
The share buyback programme is now complete and has been closed.
Between 21 November 2022 and 28 November 2022 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,604,618 own B shares (ISIN: SE0000106270) as part of the share buyback programme initiated by the board of directors. Shares with a total value of SEK 3 billion have now been repurchased, and as a result the programme is being closed.
The share buybacks in weeks 47 and 48 form part of the SEK 3.0 billion share buyback programme that H&M announced on 29 June 2022. The share buyback programme, which ran between 29 June 2022 and 30 November 2022, made its final purchases of shares on 28 November and is now closed. The programme has been 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): |
| 21 November 2022 | 275,000 | 116.5166 | 32,042,065.00 |
| 22 November 2022 | 275,000 | 116.3851 | 32,005,902.50 |
| 23 November 2022 | 270,000 | 117.8953 | 31,831,731.00 |
| 24 November 2022 | 260,000 | 118.2452 | 30,743,752.00 |
| 25 November 2022 | 265,000 | 118.2173 | 31,327,584.50 |
| 28 November 2022 | 259,618 | 116.2854 | 30,189,782.98 |
| Total accumulated over week 47 & 48/2022 | 1,604,618 | 117.2496 | 188,140,817.98 |
| Total accumulated during the buyback program | 25,385,163 | 118.1723 | 2,999,822,979.75 |
From and including 15 September 2022 all acquisitions have been 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 25,385,163 B shares as of 28 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 1,629,686,837.
A full breakdown of the transactions is available in the archive below.
During the period June–November 2022 the group repurchased shares as authorised by the 2022 annual general meeting. In total 25,385,163 B shares in H&M were repurchased for a total sum of SEK 3 billion. It is intended that the shares repurchased will be cancelled through a resolution at the 2023 annual general meeting.
Contact:
Joseph Ahlberg, Head of Investor Relations
Telephone: +46 73 465 9392
E-mail: joseph.ahlberg@hm.com