Essity
Buyback of Class B shares in Essity during week 38, 2024
The share purchase is part of the SEK 3bn buyback program announced by Essity on June 17, 2024. The buyback program will extend from June 17, 2024, until the 2025 Annual General Meeting and be implemented in accordance with the EU Market Abuse Regulation (MAR) and the European Commission’s Delegated Regulation 2016/1052 (Safe Harbour Regulation).
The share repurchase is financed using cash flow from current operations after the ordinary dividend with the ambition to continue with share buybacks over time as a recurring part of Essity’s capital allocation.
Class B shares in Essity were repurchased as follows:
Date | Aggregated daily volume (no. of shares): | Weighted average price per day (SEK): | Total daily transaction value (SEK): |
September 16, 2024 | 54,000 | 323.9593 | 17,493,802 |
September 17, 2024 | 54,000 | 319.9618 | 17,277,937 |
September 18, 2024 | 54,000 | 318.2174 | 17,183,740 |
September 19, 2024 | 54,000 | 318.0534 | 17,174,884 |
September 20, 2024 | 54,000 | 314.6163 | 16,989,280 |
Total accumulated during week 38, 2024 | 270,000 | 318.9616 | 86,119,643 |
Total accumulated during the buyback program | 3,726,000 | 297.0050 | 1,106,640,569 |
All purchases were conducted on Nasdaq Stockholm by Danske Bank on behalf of Essity. Following the above purchases, Essity’s holding of treasury shares amounted on September 20, 2024, to 3,726,000 Class B shares. The total number of shares in Essity amounted on the date of this press release to 702,342,489, of which 60,412,986 Class A shares and 641,929,503 Class B shares.
The full details concerning the completed transactions are appended to this press release.
Datum | 2024-09-23, kl 11:20 |
Källa | Cision |