Buybacks of shares in Alfa Laval during week 14, 2022
Alfa Laval AB has repurchased 116,000 shares from April 4 to April 8, 2022, under its SEK 2 billion buyback program initiated on April 27, 2021. The program aims to optimize the capital structure and is compliant with EU regulations. Shares were purchased at various prices, totaling SEK 36,768,439. Following these transactions, Alfa Laval holds 5,923,992 treasury shares out of a total of 419,456,315 shares, with 413,532,323 outstanding shares reported as of April 8, 2022.
- Share buyback of 116,000 shares indicates strategic capital management.
- Total buyback program of SEK 2 billion reinforces investor confidence.
- Reduction in outstanding shares may enhance shareholder value and EPS.
- None.
LUND, Sweden, April 11, 2022 /PRNewswire/ -- During the period April 4 - April 8, 2022, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 116,000 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) | ||
04/04/2022 |
20 000 |
320.1833 |
6,403,666.00 | ||
05/04/2022 |
30 000 |
324.8200 |
9,744,600.00 | ||
06/04/2022 |
25 000 |
314.9449 |
7,873,622.50 | ||
07/04/2022 |
20 000 |
316.9183 |
6,338,366.00 | ||
08/04/2022 |
21 000 |
319.1040 |
6,701,184.00 |
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 5,923,992 shares as of April 8, 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 413,532,323.
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-14--2022,c3544081
The following files are available for download:
Share buyback weekly ENG w.14.2022 | |
https://mb.cision.com/Public/905/3544081/afff9f207a832374.pdf | Share buyback weekly appendix w 14 2022 |
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SOURCE Alfa Laval
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