GDPR Compliance

We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

Buyback of Class B shares in Essity during week 38, 2024 USA - English USA - English

EU editor ~ 10/5/2024
STOCKHOLM , Sept. 23 , 2024 /PRNewswire/ -- Between September 16 , 2024 , and September 20 2024 , Essity Aktiebolag ( publ ) repurchased a total of 270,000 own Class B shares ( ISIN : SE0009922164 ) under the framework of the buyback program as resolved by the Board

STOCKHOLM, Sept. 23, 2024 /PRNewswire/ -- Between September 16, 2024, and September 20 2024, Essity Aktiebolag (publ) repurchased a total of 270,000 own Class B shares (ISIN: SE0009922164) under the framework of the buyback program as resolved by the Board of Directors.

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.

For further information, please contact:
Sandra Åberg, Vice President Investor Relations, +46 70 564 96 89, [email protected]

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/essity/r/buyback-of-class-b-shares-in-essity-during-week-38--2024,c4041082

The following files are available for download:

SOURCE Essity

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

icon3

440k+Newsrooms &Influencers icon1

9k+Digital MediaOutlets icon2

270k+JournalistsOpted In Originally published at https://www.prnewswire.com/news-releases/buyback-of-class-b-shares-in-essity-during-week-38-2024-302255445.html Some images courtesy of https://pixabay.com

Photo by RDNE Stock project via Pexels

More from Beauty