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Published: 2024-03-04 14:10:00 CET
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Hennes & Mauritz AB, H & M
Changes in company's own shares
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Buybacks of shares by H&M during week 9, 2024. The share buyback programme is now complete and has been closed.
Press release 4 March 2024
Between 26 February 2024 and 1 March 2024 H & M Hennes & Mauritz AB (publ) (LEI code 529900O5RR7R39FRDM42) has repurchased in total 1,009,880 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 3 billion have now been repurchased, and as a result the programme is being closed.
The share buybacks in week 9 form part of the SEK 3.0 billion share buyback programme that H&M announced on 27 September 2023. The share buyback programme, which ran between 27 September 2023 and no later than 31 March 2024, made its final purchases of shares on 1 March 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:
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Aggregated daily volume (number of shares):
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Weighted average share price per day (SEK):
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Total daily transaction value (SEK):
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26 February 2024
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197,500
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140.9225
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27,832,194
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27 February 2024
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198,500
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141.8922
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28,165,602
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28 February 2024
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227,000
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141.1026
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32,030,290
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29 February 2024
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194,000
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140.4536
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27,247,998
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1 March 2024
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192,880
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141.3473
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27,263,067
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Total accumulated over week 9/2024
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1,009,880
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141.1446
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142,539,151
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Total accumulated during the buyback programme
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19,144,612
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156.6820
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2,999,615,803
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From and including 27 December 2023 all acquisitions have been 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 - 22 December 2023, were carried out by Danske Bank. Following the above acquisitions, H&M's holding of own shares amounts to 19,144,612 B shares as of 1 March 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 1,610,542,225.
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: [email protected]
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.
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Attachments:
03049957.pdf
HM Transaction file week 9.pdf
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This news release was distributed by Company News System, www.nasdaqomxnordic.com/news/marketnotices
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