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Beskrivning
| Land | Sverige |
|---|---|
| Lista | Large Cap Stockholm |
| Sektor | Handel & varor |
| Industri | Dagligvaror |
Between September 9, 2024, and September 13 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 Weighted average Total daily
volume (no. of price per day transaction value
shares): (SEK): (SEK):
September 9, 2024 54,000 319.0152 17,226,821
September 10, 2024 54,000 320.0826 17,284,460
September 11, 2024 54,000 322.7391 17,427,911
September 12, 2024 54,000 321.7781 17,376,017
September 13, 2024 54,000 320.3011 17,296,259
Total accumulated 270,000 320.7832 86,611,468
during week 37, 2024
Total accumulated 3,456,000 295.2896 1,020,520,926
during the buyback
program
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 13, 2024, to 3,456,000 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.