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Buybacks of shares in Alfa Laval during week 19 2021

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Alfa Laval AB has repurchased a total of 100,930 shares between May 10-14, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. This program aims to optimize the capital structure and is scheduled to run through April 25, 2022. Following these buybacks, Alfa Laval holds 313,000 shares, with a total of 419,456,315 shares outstanding, including treasury shares.

Positive
  • Share buyback of 100,930 shares boosts shareholder value.
  • Continuation of SEK 2 billion buyback program enhances capital structure.
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  • None.

LUND, Sweden, May 17, 2021 /PRNewswire/ -- During the period May 10 - May 14, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 100,930 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)





                                   

10/05/2021

 

21,930

 

301.78

 

6,618,081.45



                                   

11/05/2021

 

35,000

 

296.97

 

10,393,785.50



                                   

12/05/2021

 

21,000

 

298.49

 

6,268,275.30



                                   

14/05/2021

 

23,000

 

300.81

 

6,918,519.60



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 313,000 shares as of May 14, 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 419,143,315.

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-19-2021,c3347937

The following files are available for download:

https://mb.cision.com/Main/905/3347937/1418178.pdf

Share buyback weekly ENG w.2021.19

https://mb.cision.com/Public/905/3347937/903213e81da2dc79.pdf

Share buyback weekly Appendix w 2021 19

Cision View original content:http://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-19-2021-301292563.html

SOURCE Alfa Laval

FAQ

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

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

How many shares has Alfa Laval repurchased in May 2021?

In May 2021, Alfa Laval has repurchased a total of 100,930 shares.

What is the total value of the Alfa Laval buyback program?

The total value of the Alfa Laval buyback program is SEK 2 billion.

When does the Alfa Laval buyback program end?

The Alfa Laval buyback program is set to run until April 25, 2022.

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

After the recent buyback, Alfa Laval holds a total of 313,000 own shares.

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