The board of directors of H & M Hennes & Mauritz AB proposes to the 2020 annual general meeting that the dividend is cancelled
The rapid spread of the coronavirus COVID-19 and the extraordinary public measures taken around the world to slow down the spread of the virus have caused an exceptional situation for people, communities and businesses. The H&M group is fully cooperating with the authorities to protect its employees and customers. As previously communicated, all stores in several of the group’s largest markets including Germany and the US have been closed temporarily. This past weekend all stores in the UK were also closed. The H&M group’s customers can still shop online via the company’s digital sales