Between 11 July 2022 and 15 July 2022 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,009,820 own B shares (ISIN: SE0000106270) as part of the share buyback programme initiated by the board of directors.
Buybacks of shares by H&M during week 28, 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):|
|11 July 2022||203,669||130.7591||26,631,575.14|
|12 July 2022||208,743||131.4176||27,432,504.08|
|13 July 2022||197,627||131.9352||26,073,957.77|
|14 July 2022||200,000||129.7109||25,942,180.00|
|15 July 2022||199,781||129.0744||25,786,612.71|
|Total accumulated over week 28/2022||1,009,820||130.5845||131,866,829.69|
|Total accumulated during the buyback program||2,710,188||127.9674||346,815,754.81|
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 2,710,188 B shares as of 15 July 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 1,652,361,812.
A full breakdown of the transactions is attached to this announcement.
Nils Vinge, Head of Investor Relations
Telephone: +46 8 796 5250
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.