Buybacks of shares by H&M during week 2, 2024

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 27 September 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           share price per day                transaction                                 

                                            shares):                        (SEK):                                   value (SEK):
 
8 January 2024                   145,000                          167.4127                             24,274,842
9 January 2024                   150,000                          168.0700                             25,210,500
10 January 2024                 150,000                          168.2628                             25,239,420
11 January 2024                 150,000                          168.8785                             25,331,775
12 January 2024                 156,000                          169.4345                             26,431,782
Total accumulated
over week 2/2024               751,000                          168.4265                             126,488,319
Total accumulated during
the buyback programme    11,196,290                     163.2145                             1,827,397,228
 

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 – 22 December 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.

About H&M

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.