Buyback of Class B shares in Essity during week 50, 2025

Between Dec. 8–12, 2025 Essity repurchased 156,888 Class B shares on Nasdaq Stockholm at a weekly weighted average price of SEK 258.39, spending SEK 40.54m, as part of a SEK 3bn buyback program announced April 23, 2025. The repurchases, executed by BofA Securities Europe and carried out in accordance with MAR and the EU Safe Harbour regulation, are financed from cash flow after the ordinary dividend and intended to be a recurring element of capital allocation; cumulative buybacks now total 9,092,425 shares (SEK 2.349bn), leaving Essity with 9,874,925 treasury Class B shares out of 693,054,489 shares outstanding. The ongoing program modestly reduces free float and signals a shareholder-return focus that should provide gradual support to EPS and the share price, although the near-term market impact is likely incremental.

Analysis

Essity repurchased 156,888 Class B shares between December 8 and December 12, 2025, at a weekly weighted average price of SEK 258.39, spending SEK 40.54m as part of the SEK 3.0bn buyback program announced April 23, 2025. All transactions were executed on Nasdaq Stockholm by BofA Securities Europe SA in accordance with MAR and the EU Safe Harbour regulation, reflecting adherence to regulated execution windows.

Cumulatively the program has acquired 9,092,425 shares at an average price of SEK 258.37 for SEK 2,349.20m, financed from cash flow after the ordinary dividend; this leaves roughly SEK 651m of the announced SEK 3bn program unspent and signals management’s intent to make buybacks a recurring element of capital allocation. The purchases increased Essity’s treasury holding to 9,874,925 Class B shares out of 693,054,489 total shares, modestly reducing free float but not materially changing capital structure.

Market-impact signals are mildly positive (sentiment score 0.28) because buybacks support EPS and provide steady demand, but the weekly activity is incremental rather than transformative. Investors should watch the cadence of future repurchases and cash-flow availability after dividends as the principal execution risks that would alter the program’s support to the share price.

Key Decisions for Investors

• Consider a modest tactical accumulation on weakness given recurring buybacks and dividend priority, as buybacks should provide gradual EPS support
• Monitor the pace of repurchases and remaining program capacity (approximately SEK 651m) and reassess if management slows buybacks or redirects cash
• Treat single-week purchases as incremental support rather than a catalyst for a sustained rally; use position-sizing or hedges if relying on buybacks for short-term gains