Between 17 October 2022 and 21 October 2022 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,247,000 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 42, 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):|
|17 October 2022||250,000||113.2792||28,319,800.00|
|18 October 2022||245,000||116.8693||28,632,978.50|
|19 October 2022||250,000||116.5698||29,142,450.00|
|20 October 2022||245,000||113.7284||27,863,458.00|
|21 October 2022||257,000||111.4308||28,637,715.60|
|Total accumulated over week 42/2022||1,247,000||114.3516||142,596,402.10|
|Total accumulated during the buyback program||18,575,545||118.7245||2,205,372,401.28|
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 18,575,545 B shares as of 21 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 1,636,496,455.
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.|