Between 10 October 2022 and 14 October 2022 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,283,500 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 41, 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): |
| 10 October 2022 | 250,000 | 106.2322 | 26,558,050.00 |
| 11 October 2022 | 260,000 | 107.9380 | 28,063,880.00 |
| 12 October 2022 | 260,000 | 109.2699 | 28,410,174.00 |
| 13 October 2022 | 260,000 | 110.0479 | 28,612,454.00 |
| 14 October 2022 | 253,500 | 112.3334 | 28,476,516.90 |
| Total accumulated over week 41/2022 | 1,283,500 | 109.1711 | 140,121,074.90 |
| Total accumulated during the buyback program | 17,328,545 | 119.0392 | 2,062,775,999.18 |
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 17,328,545 B shares as of 14 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 1,637,743,455.
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. |