Between 7 November 2022 and 11 November 2022 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,315,000 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): |
| 7 November 2022 |
240,000 |
116.2225 |
27,893,400.00 |
| 8 November 2022 |
235,000 |
117.6872 |
27,656,492.00 |
| 9 November 2022 |
280,000 |
117.3501 |
32,858,028.00 |
| 10 November 2022 |
280,000 |
115.8377 |
32,434,556.00 |
| 11 November 2022 |
280,000 |
122.8251 |
34,391,028.00 |
| Total accumulated over week 45/2022 | 1,315,000 | 118.0483 | 155,233,504.00 |
| Total accumulated during the buyback program | 22,410,545 | 118.0969 | 2,646,616,692.78 |
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 22,410,545 B shares as of 11 November 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 1,632,661,455.
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. |
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