Between July 15, 2024, and July 19, 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.

STOCKHOLM, July 22, 2024 /PRNewswire/ -- 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. Weighted average price per
                                                               of shares):                  day (SEK):                 Total daily transaction value (SEK):



     July 15, 2024                                                                 54,000                    280.4824                             15,146,050



     July 16, 2024                                                                 54,000                    277.4855                             14,984,217



     July 17, 2024                                                                 54,000                    279.4560                             15,090,624



     July 18, 2024                                                                 54,000                    295.9771                             15,982,763



     July 19, 2024                                                                 54,000                    301.3221                             16,271,393



     
              Total accumulated during week 29, 2024                            270,000                    286.9446                             77,475,047



     
              Total accumulated during the buyback program                    1,296,000                    277.9877                            360,272,032

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 July 19, 2024, to 1,296,000 Class B shares. The total number of shares in Essity amounted on the date of this press release to 702,342,489, of which 60,969,986 Class A shares and 641,372,503 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, sandra.aberg@essity.com

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-29--2024,c4017243

The following files are available for download:


     
     https://mb.cision.com/Main/15798/4017243/2923188.pdf              Buyback of Class B shares in Essity during week
                                                                           29, 2024



     
     https://mb.cision.com/Public/15798/4017243/b206ea705f699b0d.pdf 
     Essity Transactions week 29

View original content:https://www.prnewswire.co.uk/news-releases/buyback-of-class-b-shares-in-essity-during-week-29-2024-302202570.html

Tags

More Like This

Buyback of Class B shares in Essity during week 30, 2024

Buyback of Class B shares in Essity during week 28, 2024

Buyback of Class B shares in Essity during week 27, 2024

Buyback of Class B shares in Essity during week 26, 2024

Buyback of Class B shares in Essity during week 31, 2024

Buyback of Class B shares in Essity during week 25, 2024

Buyback of Class B shares in Essity during week 39, 2024

Buyback of Class B shares in Essity during week 34, 2024