Between 21 November 2022 and 28 November 2022 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,604,618 own B shares (ISIN: SE0000106270) as part of the share buyback programme initiated by the board of directors. Shares with a total value of SEK 3 billion have now been repurchased, and as a result the programme is being closed.
The share buybacks in weeks 47 and 48 form part of the SEK 3.0 billion share buyback programme that H&M announced on 29 June 2022. The share buyback programme, which ran between 29 June 2022 and 30 November 2022, made its final purchases of shares on 28 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 Weighted average Total daily
volume (number of share price per day transaction value
shares): (SEK): (SEK):
21 November 275,000 116.5166 32,042,065.00
22 November 275,000 116.3851 32,005,902.50
23 November 270,000 117.8953 31,831,731.00
24 November 260,000 118.2452 30,743,752.00
25 November 265,000 118.2173 31,327,584.50
28 November 259,618 116.2854 30,189,782.98
Total 1,604,618 117.2496 188,140,817.98
Total 25,385,163 118.1723 2,999,822,979.75
From and including 15 September 2022 all acquisitions have been 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 25,385,163 B shares as of 28 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 1,629,686,837.
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.