Essity Aktiebolag Share Buyback Update
During a recent buyback initiative, Essity Aktiebolag (publ) successfully repurchased 270,000 of its own Class B shares. This action took place between February 3 and February 7, 2025, as part of a larger buyback program endorsed by its Board of Directors.
Details of the Buyback Program
The repurchase is included in Essity's SEK 3 billion buyback strategy that was publicly announced. Initiated on June 17, 2024, this buyback program is designed to continue until the upcoming Annual General Meeting in 2025. Essity is ensuring compliance with the EU Market Abuse Regulation (MAR) and the respective European Commission's regulations regarding safe harbor.
How the Buys are Financed
This latest share repurchase is being funded through cash flow generated from ongoing operations after the distribution of the ordinary dividend. Essity has expressed its intention to maintain share buybacks as a regular aspect of its capital allocation moving forward.
Breaking Down Recent Purchases
Below is a detailed account of the Class B shares acquired throughout this week:
Daily Purchase Overview
On February 3, 2025, 54,000 shares were bought at an average price of 276.9931 SEK, contributing a total transaction value of 14,957,627 SEK. Similarly, 54,000 shares were acquired on February 4 at a slightly lower price point of 276.5188 SEK, resulting in a daily total of 14,932,015 SEK. These transactions continued consistently with similar amounts purchased on subsequent days until the week concluded with the final purchase on February 7, bringing the week’s total repurchases to 270,000 shares.
Significance for Essity's Shareholders
The execution of this buyback illustrates Essity's proactive approach to managing its capital structure and enhancing shareholder value. By re purchasing shares, Essity underscores its commitment to returning value to shareholders while also optimizing its share count. Following these repurchases, the total number of treasury shares held by Essity stands at 8,802,000 Class B shares. Overall, as of the date of the recent press release, Essity's total share count is 702,342,489, which includes both Class A and Class B shares.
Further Information and Contact
For more insights on this buyback program or related inquiries, shareholders and interested parties can reach out to Sandra Åberg, Vice President of Investor Relations, at +46 70 564 96 89.
Frequently Asked Questions
What was the total number of shares repurchased in week 6?
Essity repurchased a total of 270,000 Class B shares during week 6 of 2025.
How is the buyback program funded?
The buyback program is financed from cash flow generated by current operations after the payment of ordinary dividends.
When did Essity announce its buyback program?
Essity announced the SEK 3 billion buyback program on June 17, 2024.
What compliance regulations is Essity following?
Essity is following the EU Market Abuse Regulation (MAR) and the European Commission's delegated regulations.
What is the total treasury share count after buybacks?
After the recent buybacks, Essity holds a total of 8,802,000 Class B shares as treasury shares.
