Jan 20, 2025   SOURCE: PR NewsWire

Buyback of Class B shares in Essity during week 3, 2025

STOCKHOLM, Jan. 20, 2025 /PRNewswire/ -- Between January 13, 2025, and January 17, 2025, 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 Weighted average price per day  Total daily transaction value
                                                                           shares):                        (SEK):                         (SEK):



     January 13, 2025                                                                 54,000                        291.0612                      15,717,305



     January 14, 2025                                                                 54,000                        292.3368                      15,786,187



     January 15, 2025                                                                 54,000                        291.6026                      15,746,540



     January 16, 2025                                                                 54,000                        292.6438                      15,802,765



     January 17, 2025                                                                 54,000                        298.7988                      16,135,135



     
              Total accumulated during week 3 2025                                 270,000                        293.2886                      79,187,932



     
              Total accumulated during the buyback program                       7,992,000                        300.1548                   2,398,836,805

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 January 17, 2025, to 7,992,000 Class B shares. The total number of shares in Essity amounted on the date of this press release to 702,342,489, of which 59,973,654 Class A shares and 642,368,835 Class B shares.

The full details concerning the completed transactions are appended to this press release.

For further information, please contact:
Sandra Aberg, 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-3--2025,c4093484

The following files are available for download:


     
     https://mb.cision.com/Main/15798/4093484/3212349.pdf              Buyback of Class B shares in Essity during
                                                                           week 3, 2025



     
     https://mb.cision.com/Public/15798/4093484/ae0086f41d2fe91b.pdf 
     Essity transactions week 3

View original content:https://www.prnewswire.com/news-releases/buyback-of-class-b-shares-in-essity-during-week-3-2025-302355227.html

SOURCE Essity