Buybacks of shares in Alfa Laval during week 15, 2022
Alfa Laval AB has repurchased a total of 85,000 shares between April 11 - April 14, 2022, as part of their SEK 2 billion share buyback program. This initiative, aimed at optimizing capital structure, has been ongoing since April 28, 2021. The program is compliant with EU regulations and will conclude on April 25, 2022. As of April 14, 2022, Alfa Laval holds 6,008,992 shares, with 413,447,323 outstanding shares overall.
- Completed the repurchase of 85,000 shares, strengthening capital structure.
- Ongoing share buyback program valued at SEK 2 billion, reflecting management's confidence in the company's market position.
- None.
LUND, Sweden, April 19, 2022 /PRNewswire/ -- During the period April 11 - April 14, 2022, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 85,000 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) | ||
11/04/2022 | 25 000 | 314.8488 | 7,871,220.00 | ||
12/04/2022 | 20 000 | 311.9596 | 6,239,192.00 | ||
13/04/2022 | 21 000 | 305.4895 | 6,415,279.50 | ||
14/04/2022 | 19 000 | 307.4607 | 5,841,753.30 | ||
15/04/2022 | - | - | - |
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 6,008,992 shares as of April 14, 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 413,447,323.
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-15--2022,c3548175
The following files are available for download:
Share buyback weekly ENG w.15.2022 | |
https://mb.cision.com/Public/905/3548175/bea49849d5a172d5.pdf | Share buyback weekly appendix w 15 2022 |
View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-15-2022-301528020.html
SOURCE Alfa Laval
FAQ
What is the significance of the share buyback by Alfa Laval (ALFVY)?
How much has Alfa Laval allocated for its share buyback program?
When does the Alfa Laval share buyback program end?
How many shares does Alfa Laval currently hold after recent buybacks?