Buybacks of shares in Alfa Laval during week 18 2021

Rhea-AI Summary

Alfa Laval AB repurchased a total of 129,570 shares from May 3-7, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. The program aims to optimize the company's capital structure and runs until April 25, 2022. The shares were acquired on Nasdaq Stockholm, with a total of 212,070 shares held by the company as of May 7, 2021. The total number of outstanding shares is 419,244,245.

Positive

• Share buyback of 129,570 shares enhances shareholder value.
• Program total of SEK 2 billion shows company confidence in future performance.

Negative

• None.

LUND, Sweden, May 10, 2021 /PRNewswire/ -- During the period May 3 - May 7, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 129,570 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)
2021-05-03	24,000	288.8337	6,932,008.80
2021-05-04	30,000	289.6852	8,690,556.00
2021-05-05	21,000	297.8293	6,254,415.30
2021-05-06	33,000	296.9227	9,798,449.10
2021-05-07	21,570	299.3344	6,456,643.01

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 212,070 shares as of May 7, 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 419,244,245.

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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-18-2021,c3344157

The following files are available for download:

https://mb.cision.com/Main/905/3344157/1415437.pdf	Share buyback weekly ENG w.2021.18 final
https://mb.cision.com/Public/905/3344157/87d808c9942eaf0c.pdf	Share buyback weekly Appendix ENG w 2021 18 final

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SOURCE Cision AB

FAQ

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

The share buyback program aims to optimize Alfa Laval's capital structure.

How many shares did Alfa Laval repurchase during May 3-7, 2021?

Alfa Laval repurchased a total of 129,570 shares during this period.

What is the total amount allocated for Alfa Laval's share buyback program ALFVY?

Alfa Laval has allocated SEK 2 billion for its share buyback program.

When does Alfa Laval's share buyback program run until?

The program runs until April 25, 2022.

What was the average purchase price for Alfa Laval shares during the buyback period?

The weighted average share price varied, with values around SEK 288.83 to SEK 299.33.