Buybacks of shares by H&M during week 34, 2022
Between 22 August 2022 and 26 August 2022 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,151,387 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 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):|
|22 August 2022||218,343||124.8293||27,255,603.85|
|23 August 2022||223,635||123.9890||27,728,280.02|
|24 August 2022||229,549||123.0942||28,256,150.52|
|25 August 2022||230,000||119.7429||27,540,867.00|
|26 August 2022||249,860||113,8024||28,434,667.66|
|Total accumulated over week 34/2022||1,151,387||120.9112||139,215,569.04|
|Total accumulated during the buyback program||8,803,263||128.7595||1,133,504,077.94|
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 8,803,263 B shares as of 26 August 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 1,646,268,737.
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.|