Stockholm, Jan 9: H&M Hennes & Mauritz AB on Wednesday issued a correction to its earlier disclosure on share buybacks, saying its total holding of treasury shares as of January 2, 2026 stood at 4,594,500 class B shares, after an error was found in a press release issued earlier this week.
“The press release on 5 January 2026 regarding buybacks of shares in H&M during week 1 contained an incorrect figure in the final paragraph concerning H&M’s total holding of treasury shares as at 2 January 2026,” the company said, adding that the corrected number “amounted to 4,594,500.”
The revised figure includes 1.1 million treasury shares acquired between June 26 and July 17, 2025 to ensure delivery of shares under the company’s long-term incentive programme (LTIP).
During the first week of 2026, between December 29, 2025 and January 2, 2026, H&M repurchased a total of 325,000 of its own class B shares under its ongoing SEK 1 billion share buyback programme, announced on November 21, 2025.
“Between 29 December 2025 and 2 January 2026 H & M Hennes & Mauritz AB (publ) has repurchased in total 325,000 of the company’s own class B shares,” the company said.
The daily purchases were split across three trading days:
120,000 shares on December 29 at an average price of SEK 186.0122,
105,000 shares on December 30 at SEK 185.8732, and
100,000 shares on January 2 at SEK 185.4528.
The transactions amounted to a total outlay of SEK 60.38 million for the week.
Since the launch of the programme, H&M has bought back 3,494,500 shares for a total consideration of SEK 620.59 million, according to the company.
The buyback programme, which runs from November 21, 2025 until no later than January 28, 2026, is being carried out in line with EU market abuse and safe harbour regulations. “The buyback programme… is being carried out in accordance with Regulation (EU) No 596/2014 on market abuse and Commission Delegated Regulation (EU) 2016/1052,” H&M said.
All repurchases have been executed on Nasdaq Stockholm by Citigroup Global Markets Europe AG on behalf of the fashion retailer.
Following the latest transactions, H&M’s total number of shares, including treasury shares, stands at 1,604,491,375, while the number of outstanding shares, excluding treasury stock, is 1,599,896,875, the company said.
