The role of spin and orbital rotational symmetry on the laser-induced magnetization dynamics of itinerant-electron ferromagnets was theoretically investigated. The ultrafast demagnetization of transition metals is shown to be the direct consequence of the fundamental breaking of these conservation laws in the electronic system, an effect that is inherent to the nature of spin-orbit and electron-lattice interactions. A comprehensive symmetry analysis is complemented by exact numerical calculations of the time evolution of optically excited ferromagnetic ground states in the framework of a many-body electronic Hamiltonian. Thus, quantitative relations are established between the strength of the interactions that break the rotational symmetries and the time scales that are relevant for the magnetization dynamics.
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