Buybacks of shares in Alfa Laval during week 11, 2022
Alfa Laval AB has repurchased 102,500 shares from March 14 to 18, 2022, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. This buyback aims to optimize the capital structure and is compliant with EU regulations. As of March 18, 2022, Alfa Laval holds 5,579,492 shares, with a total of 419,456,315 shares outstanding, of which 413,876,823 are publicly held. Daily repurchases varied, with the highest volume of 27,500 shares on March 17 at an average price of SEK 322.30.
- Completion of share buybacks may enhance shareholder value.
- Optimizing capital structure could lead to improved financial performance.
- None.
LUND, Sweden, March 21, 2022 /PRNewswire/ -- During the period March 14 - March 18, 2022, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 102,500 own shares (ISIN: SE0000695876) as part of the share buyback program initiated by the Board of Directors in order to secure optimized capital structure.
The share buybacks form part of the SEK 2 billion share buyback program, which Alfa Laval announced on April 27, 2021. The share buy-back program, which runs between April 28, 2021 and April 25, 2022, is being carried out in accordance with the EU Market Abuse Regulation (MAR) and the Commission Delegated Regulation 2016/1052 (the so-called Safe Harbour Regulation).
Shares in Alfa Laval have been repurchased as follows:
Date |
Aggregated daily volume (number of shares) |
Weighted average share price per day (SEK) |
Total daily transaction value (SEK) | ||
14/03/2022 |
20,000 |
312.8116 |
6,256,232.00 | ||
15/03/2022 |
20,000 |
311.9104 |
6,238,208.00 | ||
16/03/2022 |
15,000 |
325.3076 |
4,879,614.00 | ||
17/03/2022 |
27,500 |
322.2976 |
8,863,184.00 | ||
18/03/2022 |
20,000 |
319.1224 |
6,382,448.00 |
All acquisitions have been carried out on Nasdaq Stockholm by Nordea on behalf of Alfa Laval. Following the above acquisitions, Alfa Laval's holding of own shares amounts to 5,579,492 shares as of March 18, 2022.
The total number of shares in Alfa Laval, including the own shares, is 419,456,315, and the number of outstanding shares, excluding the own shares, is 413,876,823.
A full breakdown of the transactions is attached to this announcement.
For more information please contact:
Johan Lundin
Head of Investor Relations
Alfa Laval
Tel: +46 46 36 65 10
Mobile: +46 730 46 30 90
Henrik G. Welch
Head of Group Treasury
Alfa Laval
Tel: +46 46 36 65 10
Mobile: +46 70 2638399
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/alfa-laval/r/buybacks-of-shares-in-alfa-laval-during-week-11--2022,c3528869
The following files are available for download:
Share buyback weekly ENG w.11.2022 | |
https://mb.cision.com/Public/905/3528869/96f9f5a18b6b0588.pdf | Share buyback weekly appendix w 11 2022 |
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SOURCE Alfa Laval
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