Buyback of Class B shares in Essity during week 45, 2024

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11 Nov, 2024, 10:49 GMT

STOCKHOLM, Nov. 11, 2024 /PRNewswire/ -- Between November 4, 2024, and November 8, 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):
November 4, 2024	54,000	303.1780	16,371,612
November 5, 2024	54,000	302.8431	16,353,527
November 6, 2024	54,000	299.1351	16,153,295
November 7, 2024	54,000	294.3542	15,895,127
November 8, 2024	54,000	295.2192	15,941,837
Total accumulated during week 45, 2024	270,000	298.9459	80,715,398
Total accumulated during the buyback program	5,616,000	300.9898	1,690,358,984

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 November 8, 2024, to 5,616,000 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, sandra.aberg@essity.com

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https://news.cision.com/essity/r/buyback-of-class-b-shares-in-essity-during-week-45--2024,c4064077

The following files are available for download:

https://mb.cision.com/Main/15798/4064077/3104194.pdf	Buyback of Class B shares in Essity during week 45, 2024
https://mb.cision.com/Public/15798/4064077/aa796ed9532a2dc7.pdf	Essity transactions week 45