Buyback of Class B shares in Essity during week 11, 2025 Buyback program completed
STOCKHOLM, March 17, 2025 /PRNewswire/ -- Between March 10, 2025, and March 13, 2025, Essity Aktiebolag (publ) repurchased a total of 188,500 own Class B shares (ISIN: SE0009922164) under the framework of the buyback program as resolved by the Board of Directors. The buyback program that was initiated on June 17, 2024, is hereby completed as a total of 10,070,500 Class B shares have been repurchased for a total amount of SEK 3bn.
The share repurchase has been financed using cash flow from current operations after the ordinary dividend. The ambition is to continue with share buybacks over time as a recurring part of Essity's capital allocation.
The buyback program was implemented in accordance with the EU Market Abuse Regulation (MAR) and the European Commission's Delegated Regulation 2016/1052 (Safe Harbour Regulation).
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): March 10, 2025 54,000 308.5896 16,663,838 March 11, 2025 54,000 308.8350 16,677,090 March 12, 2025 54,000 303.9664 16,414,186 March 13, 2025 26,500 299.1368 7,927,125 Total accumulated during 188,500 306.0066 57,682,239 week 11 2025 Total accumulated during 10,070,500 297.8913 2,999,913,927 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 March 13, 2025, to 10,070,500 Class B shares. The total number of shares in Essity amounted on the date of this press release to 702,342,489, of which 58,973,654 Class A shares and 643,368,835 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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SOURCE Essity