Buyback of Essity Class B shares in week 34, 2024

STOCKHOLM, August 26, 2024 /PRNewswire/ — Between August 19, 2024And August 23 2024, Essity Aktiebolag (publ) has repurchased a total of 270,000 own class B shares (ISIN code: SE0009922164) in the context of the share buyback program as decided by the Board of Directors.

The share purchase is part of the 3 billion Swedish kronor Essity announced buyback program on June 17, 2024The buyback program will be extended from June 17, 2024until the 2025 Annual General Meeting of Shareholders and will be implemented in accordance with the EU Market Abuse Regulation (MAR) and the European Commission Delegated Regulation 2016/1052 (Safe Harbour Regulation).

The share buyback is financed using cash flow from ongoing operations after deduction of the regular dividend. The ambition is to continue to buy back shares over time as a recurring part of Essity’s capital allocation.

Class B shares in Essity were repurchased as follows:

All purchases were executed on Nasdaq Stockholm by Danske Bank on behalf of Essity. After the above purchases, Essity’s holdings of treasury shares amounted to August 23, 2024up to 2,646,000 Class B shares. The total number of shares in Essity on the date of this press release is 702,342,489, of which 60,412,986 Class A shares and 641,929,503 Class B shares.

Full details of the completed transactions are included as an appendix 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-34–2024,c4028506

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SOURCE Essity