Between 3 October 2022 and 7 October 2022 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,145,000 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 40, 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):|
|3 October 2022||220,000||104.9690||23,093,180.00|
|4 October 2022||220,000||110.5001||24,310,022.00|
|5 October 2022||225,000||109.1780||24,565,050.00|
|6 October 2022||220,000||106.9680||23,532,960.00|
|7 October 2022||260,000||105.4548||27,418,248.00|
|Total accumulated over week 40/2022||1,145,000||107.3532||122,919,460.00|
|Total accumulated during the buyback program||16,045,045||119.8286||1,922,654,924.28|
From and including 15 September 2022 all acquisitions are being 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 16,045,045 B shares as of 7 October 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 1,639,026,955.
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.|