Between 29 August 2022 and 2 September 2022 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,283,957 own B shares (ISIN: SE0000106270) as part of the share buyback programme initiated by the board of directors.
Press release
Buybacks of shares by H&M during week 35, 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): |
29 August 2022 | 252,787 | 111.1055 | 28,086,026.03 |
30 August 2022 | 260,810 | 112.6001 | 29,367,232.08 |
31 August 2022 | 260,643 | 111.7547 | 29,128,080.27 |
1 September 2022 | 265,000 | 109.8963 | 29,122,519.50 |
2 September 2022 | 244,717 | 111,9777 | 27,402,846.81 |
Total accumulated over week 35/2022 | 1,283,957 | 111.4576 | 143,106,704.69 |
Total accumulated during the buyback program | 10,087,220 | 126.5572 | 1,276,610,782.64 |
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 10,087,220 B shares as of 2 September 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 1,644,984,780.
A full breakdown of the transactions is attached to this announcement.
Contact:
Nils Vinge, Head of Investor Relations
Telephone: +46 8 796 5250
E-mail: nils.vinge@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 and ARKET as well as Afound. For further information, visit hmgroup.com. |