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 volume |
Weighted average price |
Total daily transaction |
|
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 |
|
Total accumulated during |
10,070,500 |
297.8913 |
2,999,913,927 |
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 Åberg, Vice President Investor Relations, +46 70 564 96 89, [email protected]
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SOURCE Essity
