Press release
Buybacks of shares by H&M during week 48, 2024. The share buyback programme is now complete and has been closed.
Between 25 November 2024 and 26 November 2024 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 303 692 own B shares (ISIN: SE0000106270) as part of the share buyback programme initiated by the board of directors. Shares with a total value of around SEK 1 billion have now been repurchased, and as a result the programme is being closed.
The share buybacks in week 48 form part of the SEK 1 billion share buyback programme that H&M announced on 26 September 2024. The share buyback programme, which ran between 26 September 2024 and 26 November 2024, made its final purchases of shares on 26 November and is now closed. The programme has been 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): |
|
25 November 2024 |
147,843 |
154.8717 |
22,896,696.74 |
|
26 November 2024 |
155,849 |
152.5730 |
23,778,349.57 |
|
Total accumulated over week 48/2024 |
303,692 |
153.6921 |
46,675,046.22 |
|
Total accumulated during the buyback programme |
6,050,850 |
165.2658 |
999,998,819.71 |
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 6,050,850 B shares as of 26 November 2024. The total number of shares in H&M, including the own shares, is 1,610,542,225 and the number of outstanding shares, excluding the own shares, is 1,604,491,375.
A full breakdown of the transactions is attached to this announcement.
Contact:
Joseph Ahlberg, Head of Investor Relations
Telephone: +46 73 465 93 92
E-mail: joseph.ahlberg@hm.com
For more information from the H&M group and press images visit hmgroup.com/media.
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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 Sellpy. For further information, visit hmgroup.com. |