OSLO (Reuters) -Swedish fashion retailer H&M said on Friday it has decided to buy back its own shares on the stock market for 1 billion Swedish crowns ($104.83 million).
The board of directors has decided to utilise a buyback authorisation granted by the 2025 annual general meeting to acquire the company’s own class B shares, H&M said in a statement.
Buybacks will start on Friday and could last until January 28 of 2026, the company added.
($1 = 9.5396 Swedish crowns)
(Reporting by Terje Solsvik, editing by Stine Jacobsen)
