Buybacks of shares by H&M during week 43, 2022
Between 24 October 2022 and 28 October 2022 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,270,000 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):|
|24 October 2022||260,000||112.4892||29,247,192.00|
|25 October 2022||255,000||114.6978||29,247,939.00|
|26 October 2022||245,000||116.2383||28,478,383.50|
|27 October 2022||250,000||115.1917||28,797,925.00|
|28 October 2022||260,000||112.0123||29,123,198.00|
|Total accumulated over week 43/2022||1,270,000||114.0903||144,894,637.50|
|Total accumulated during the buyback program||19,845,545||118.4279||2,350,267,038.78|
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 19,845,545 B shares as of 28 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 1,635,226,455.
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.|