Buyback of Class B shares in Essity during week 43, 2024

STOCKHOLM, Oct. 28, 2024 /PRNewswire/ — Between October 21, 2024, and October 25, 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 volume (no. of shares):	Weighted average price per day (SEK):	Total daily transaction value (SEK):
October 21, 2024	54,000	311.4416	16,817,846
October 22, 2024	54,000	307.1711	16,587,239
October 23, 2024	54,000	308.2225	16,644,015
October 24, 2024	54,000	309.6242	16,719,707
October 25, 2024	54,000	302.0477	16,310,576
Total accumulated during week 43, 2024	270,000	307.7014	83,079,383
Total accumulated during the buyback program	5,076,000	300.8805	1,527,269,313

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 October 25, 2024, to 5,076,000 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.

For further information, please contact:

Sandra Åberg, Vice President Investor Relations, +46 70 564 96 89, [email protected]

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https://news.cision.com/essity/r/buyback-of-class-b-shares-in-essity-during-week-43–2024,c4057363

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