Essity Repurchases Class B Shares in Week 41, 2024

STOCKHOLM, Oct. 14, 2024 — Essity Aktiebolag (publ) repurchased a total of 270,000 of its own Class B shares (ISIN: SE0009922164) between October 7, 2024, and October 11, 2024. This repurchase was conducted under the framework of the buyback program approved by the company’s Board of Directors.

This share purchase is part of the SEK 3bn buyback program announced by Essity on June 17, 2024. This program will continue from June 17, 2024, until the 2025 Annual General Meeting and will 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. Essity aims to continue with share buybacks as a recurring part of its capital allocation strategy.

The details of the Class B shares repurchased by Essity are as follows:

Date

Aggregated daily volume (no. of shares):

Weighted average price per day (SEK):

Total daily transaction value (SEK):

October 7, 2024

54,000

309.0331

16,687,787

October 8, 2024

54,000

310.2438

16,753,165

October 9, 2024

54,000

311.3906

16,815,092

October 10, 2024

54,000

311.0107

16,794,578

October 11, 2024

54,000

310.5651

16,770,515

Total accumulated during week 41, 2024

270,000

310.4487

83,821,137

Total accumulated during the buyback program

4,536,000

299.6569

1,359,243,680

All purchases were conducted on Nasdaq Stockholm by Danske Bank on behalf of Essity. As of October 11, 2024, Essity held 4,536,000 Class B shares in treasury. The total number of shares in Essity as of the date of this press release is 702,342,489, consisting of 60,412,986 Class A shares and 641,929,503 Class B shares.

Full details of 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,

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The following files are available for download:

Buyback of Class B shares in Essity during week 41, 2024

Essity transactions week 41

 

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