Buybacks of shares in Alfa Laval during week 22 2021
Alfa Laval AB repurchased a total of 146,000 shares from May 31 to June 4, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. The program, running until April 25, 2022, aims to optimize the company's capital structure under EU regulations. As of June 4, 2021, Alfa Laval holds 714,000 shares in treasury, with a total share count of 419,456,315 and 418,742,315 outstanding shares excluding its own shares.
- Initiated SEK 2 billion share buyback program to optimize capital structure.
- Repurchased 146,000 shares, indicating commitment to enhancing shareholder value.
- As of June 4, 2021, total treasury shares increased to 714,000.
- None.
LUND, Sweden, June 7, 2021 /PRNewswire/ -- During the period May 31 - June 4, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 146,000 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) | ||
31/05/2021 | 30,000 | 312.6461 | 9,379,383.00 | ||
01/06/2021 | 31,000 | 315.7286 | 9,787,586.60 | ||
02/06/2021 | 30,000 | 312.0002 | 9,360,006.00 | ||
03/06/2021 | 27,500 | 309.0313 | 8,498,360.75 | ||
04/06/2021 | 27,500 | 306.2945 | 8,423,098.75 |
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 714,000 shares as of June 04, 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 418,742,315.
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-22-2021,c3362353
The following files are available for download:
Share buyback weekly ENG w.2021.22 | |
https://mb.cision.com/Public/905/3362353/949749020008dd90.pdf | Share buyback weekly Appendix w 2021 22 |
View original content:http://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-22-2021-301306825.html
SOURCE Alfa Laval
FAQ
What is the purpose of Alfa Laval's SEK 2 billion share buyback program?
How many shares has Alfa Laval repurchased during the week of June 4, 2021?
What is the total number of shares outstanding for Alfa Laval as of June 4, 2021?
When does Alfa Laval's share buyback program end?