Buybacks of shares in Alfa Laval during week 20 2021
On May 24, 2021, Alfa Laval AB announced the repurchase of 129,500 shares from May 17 to May 21, 2021 as part of a SEK 2 billion share buyback initiative to optimize its capital structure. The buyback program, ongoing until April 25, 2022, complies with EU regulations. Following these transactions, Alfa Laval holds a total of 442,500 own shares, with 419,456,315 total shares outstanding. This strategic move aims to enhance shareholder value and reflects confidence in the company's future growth.
- Repurchased 129,500 shares within the SEK 2 billion buyback program, aligning with capital optimization goals.
- Total shareholding increased to 442,500, enhancing perceived shareholder value.
- Ongoing buyback program until April 2022 indicates long-term commitment to improving shareholder returns.
- None.
LUND, Sweden, May 24, 2021 /PRNewswire/ -- During the period May 17 - May 21, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 129,500 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 volume (number of shares) | Weighted average share price per day (SEK) | Total daily transaction value (SEK) | ||
17/05/2021 | 24,000 | 298.9248 | 7,174,195,20 | ||
18/05/2021 | 33,000 | 301.4139 | 9,946,658,70 | ||
19/05/2021 | 30,000 | 295.2135 | 8,856,405,00 | ||
20/05/2021 | 21,000 | 297.4392 | 6,246,223,20 | ||
21/05/2021 | 21,500 | 297.5131 | 6,396,531,65 |
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 442,500 shares as of May 21, 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 419,013,815.
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-20-2021,c3352394
The following files are available for download:
Share buyback weekly ENG w.2021.20 | |
https://mb.cision.com/Public/905/3352394/a287cf5ddb4896df.pdf | Share buyback weekly Appendix w 2021 20 |
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SOURCE Alfa Laval
FAQ
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