Jan 27, 2025   SOURCE: PR NewsWire

Buyback of Class B shares in Essity during week 4, 2025

STOCKHOLM, Jan. 27, 2025 /PRNewswire/ -- Between January 20, 2025, and January 24, 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 Weighted average  Total daily
                                           volume                price        transaction

                                          (no. of shares):  per day (SEK):   value (SEK):



     January 20, 2025                              54,000          300.2157     16,211,648



     January 21, 2025                              54,000          300.9568     16,251,667



     January 22, 2025                              54,000          300.1234     16,206,664



     January 23, 2025                              54,000          280.8778     15,167,401



     January 24, 2025                              54,000          277.6297     14,992,004


                 Total accumulated during          270,000          291.9607     78,829,384


     
              week 4 2025


                 Total accumulated during        8,262,000          299.8870  2,477,666,189


     
              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 January 24, 2025, to 8,262,000 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.

For further information, please contact:
Sandra Aberg, Vice President Investor Relations, +46 70 564 96 89, sandra.aberg@essity.com

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     https://mb.cision.com/Main/15798/4096166/3226090.pdf Buyback of Class B shares in Essity during
                                                              week 4, 2025

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SOURCE Essity