H&M to Buy Back Own Shares for $105 Million

The logo for H&M is displayed outside a store in Stockholm, Sweden, September 23, 2025. REUTERS/Tom Little
The logo for H&M is displayed outside a store in Stockholm, Sweden, September 23, 2025. REUTERS/Tom Little
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H&M to Buy Back Own Shares for $105 Million

The logo for H&M is displayed outside a store in Stockholm, Sweden, September 23, 2025. REUTERS/Tom Little
The logo for H&M is displayed outside a store in Stockholm, Sweden, September 23, 2025. REUTERS/Tom Little

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 utilize a buyback authorization 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.