H & M Hennes & Mauritz AB: Buybacks of shares by H&M during week 2, 2024
Between 8 January 2024 and 12 January 2024 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 751,000 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 27 September 2023. The share buyback programme, which runs between 27September 2023 and no later than 31 March 2024, 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 Weighted average Total daily
volume (number of share price per day transaction value
shares): (SEK): (SEK):
8 January 145,000 167.4127 24,274,842
2024
9 January 150,000 168.0700 25,210,500
2024
10 January 150,000 168.2628 25,239,420
2024
11 January 150,000 168.8785 25,331,775
2024
12 January 156,000 169.4345 26,431,782
2024
Total 751,000 168.4265 126,488,319
accumulated
over
week 2/2024
Total 11,196,290 163.2145 1,827,397,228
accumulated
during the
buyback
programme
From and including 27 December 2023 all acquisitions are being carried out on Nasdaq Stockholm by Citigroup Global Markets Europe AG on behalf of H&M. Earlier acquisitions, i.e. during the period 27 September 2023 - 22December 2023, were carried out by Danske Bank. Following the above acquisitions, H&M's holding of own shares amounts to 11,196,290 B shares as of 12 January 2024. The total number of shares in H&M, including the own shares, is 1,629,686,837 and the number of outstanding shares, excluding the own shares, is 1,618,490,547.
A full breakdown of the transactions is attached to this announcement.
Contact:
Joseph Ahlberg, Head of Investor Relations
Telephone: +46734659392
E-mail: joseph.ahlberg@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, ARKET and Afound as
well as Sellpy. For further information, visit hmgroup.com.