H&M i.e. Hennes & Mauritz

Below is news on how H&M is launching a SEK 1 billion share buyback to return money to shareholders and at the same time tidy up its capital structure.

The program is, however, small, i.e., only about 0.4% of the company’s value and concerns B-shares. According to the article, the debt level is still within the target range.

https://www.investing.com/news/stock-market-news/hm-launches-sek1bn-share-buyback-program-to-adjust-capital-structure-93CH-4372249

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