Buybacks of shares in Alfa Laval during week 17, 2022

Rhea-AI Summary

On May 2, 2022, Alfa Laval AB announced the repurchase of 19,008 shares on April 25, 2022, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. This initiative aims to optimize the company's capital structure, which is compliant with EU Market Abuse Regulations. Following this transaction, Alfa Laval's total shareholdings increased to 6,130,000, with a total of 419,456,315 shares, leaving 413,326,315 outstanding shares. The shares were acquired at a weighted average price of SEK 309.4620, totaling SEK 5,882,253.70.

Positive

• Share buyback program valued at SEK 2 billion enhances capital structure.
• Total share repurchases now amount to 6,130,000 shares, indicating strong management confidence.
• Reduction in outstanding shares may improve EPS and shareholder value.

Negative

• None.

LUND, Sweden, May 2, 2022 /PRNewswire/ -- During the period April 25, 2022, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 19,008 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)
25/04/2022	19 008	309.4620	5,882,253.70
26/04/2022	-	-	-
27/04/2022	-	-	-
28/04/2022	-	-	-
29/04/2022	-	-	-

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 6,130,000 shares as of April 25, 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 413,326,315.

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--2022,c3558543

The following files are available for download:

https://mb.cision.com/Main/905/3558543/1573233.pdf	Share buyback weekly ENG w.17.2022
https://mb.cision.com/Public/905/3558543/932ae4bacc36796d.pdf	Share buyback weekly appendix w 17 2022

View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-17-2022-301537441.html

SOURCE Alfa Laval

FAQ

What is the purpose of Alfa Laval's share buyback program?

The share buyback program aims to optimize Alfa Laval's capital structure and enhance shareholder value.

How many shares did Alfa Laval repurchase on April 25, 2022?

Alfa Laval repurchased 19,008 shares on April 25, 2022.

What was the average share price for the buyback on April 25, 2022?

The weighted average share price for the buyback on April 25, 2022, was SEK 309.4620.

How many shares does Alfa Laval currently hold after the recent buyback?

After the recent buyback, Alfa Laval holds a total of 6,130,000 shares.

What is the total number of shares outstanding for Alfa Laval?

The total number of outstanding shares for Alfa Laval, excluding its own shares, is 413,326,315.