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Buyback of Class B shares in Essity during week 36, 2024

September 9, 2024 (press release) –

Between September 2, 2024, and September 6 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):
September 2, 2024 54,000 311.0732 16,797,953
September 3, 2024 54,000 312.8748 16,895,239
September 4, 2024 54,000 314.6893 16,993,222
September 5, 2024 54,000 316.7973 17,107,054
September 6, 2024 54,000 317.6732 17,154,353
Total accumulated during week 36, 2024 270,000 314.6216 84,947,821
Total accumulated during the buyback program 3,186,000 293.1291 933,909,458

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 September 6, 2024, to 3,186,000 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.

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