Buybacks of shares in Alfa Laval during week 17 2021
Alfa Laval AB has repurchased 82,500 shares between April 28 and April 30, 2021, as part of its SEK 2 billion share buyback program initiated on April 27. The program, aimed at optimizing the capital structure, is set to continue until April 25, 2022, under EU regulations. The share repurchases were conducted on Nasdaq Stockholm, totaling approximately SEK 23.06 million across the transaction period. Following these buybacks, Alfa Laval holds 82,500 own shares from a total of 419,456,315 shares, indicating a solid commitment to enhancing shareholder value.
- Initiated SEK 2 billion share buyback program enhancing capital structure.
- Repurchased 82,500 shares, indicating strong shareholder commitment.
- Total daily transaction value for the buyback period was SEK 23.06 million.
- None.
LUND, Sweden, May 3, 2021 /PRNewswire/ -- During the period April 28 - April 30, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 82,500 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 volumel | Weighted average share price per day (SEK) | Total daily transaction value (SEK) |
28/04/2021 | 25,000 | 295.3330 | 7,383,325 |
29/04/2021 | 30,000 | 292.5908 | 8,777,724 |
30/04/2021 | 27,500 | 287.3723 | 7,902,738 |
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 82,500 shares as of April 30, 2021.
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 419,373,815.
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-17-2021,c3339020
The following files are available for download:
Share buyback_weekly_ENG_w.2021.17 DRAFT v1 | |
https://mb.cision.com/Public/905/3339020/a5ed3060ecc8b56e.pdf | ALFA buyback Week 17 |
View original content:http://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-17-2021-301282190.html
SOURCE Alfa Laval
FAQ
What are the details of Alfa Laval's share buyback program for ALFVY and ALFVF?
How many shares has Alfa Laval repurchased in the recent buyback?
What was the total value of shares repurchased by Alfa Laval during this period?
How many shares are outstanding after Alfa Laval's recent buyback?
What is the purpose of Alfa Laval's share buyback program?
