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Buybacks of shares in Alfa Laval during week 23 2021

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During the week of June 7-11, 2021, Alfa Laval AB repurchased 134,000 shares as part of its SEK 2 billion buyback program initiated on April 27, 2021. The program is meant to optimize the company's capital structure and complies with EU regulations. By June 11, 2021, Alfa Laval's total shareholding increased to 848,000 shares, with a total of 419,456,315 shares outstanding. The share buybacks were executed by Nordea on Nasdaq Stockholm, reflecting the company's commitment to enhancing shareholder value.

Positive
  • Repurchased 134,000 shares, reinforcing shareholder value.
  • Total shares held increased to 848,000, upholding robust capital structure.
  • Continued execution of SEK 2 billion buyback program signals investor confidence.
Negative
  • None.

LUND, Sweden, June 14, 2021 /PRNewswire/ -- During the period June 7 - June 11, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 134,000 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)





                                   

07/06/2021

 

23,000

 

304.5109

 

7,003,750.70



                                   

08/06/2021

 

21,000

 

304.2902

 

6,390,094.20



                                   

09/06/2021

 

33,000

 

302.9219

 

9,996,422.70



                                   

10/06/2021

 

33,000

 

300.7411

 

9,924,456.30



                                   

11/06/2021

 

24,000

 

301.8340

 

7,244,016.00



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 848,000 shares as of June 11, 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 418,608,315.

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-23-2021,c3366673

The following files are available for download:

https://mb.cision.com/Main/905/3366673/1431675.pdf

Share buyback weekly ENG w.2021.23

https://mb.cision.com/Public/905/3366673/b80a453bef47fe38.pdf

Share buyback weekly Appendix w 2021 23

Cision View original content:http://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-23-2021-301311572.html

SOURCE Alfa Laval

FAQ

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

As of June 11, 2021, Alfa Laval has repurchased 134,000 shares during the week, part of a SEK 2 billion share buyback program running until April 25, 2022.

How many shares has Alfa Laval repurchased so far?

Alfa Laval has repurchased a total of 848,000 shares as of June 11, 2021, under its ongoing buyback program.

What was the purpose of Alfa Laval's share buyback?

The buyback aims to optimize the company's capital structure and enhance shareholder value.

Who is conducting the share buybacks for Alfa Laval?

Nordea is executing the share buybacks on Nasdaq Stockholm on behalf of Alfa Laval.

When did Alfa Laval initiate its share buyback program?

The share buyback program was announced on April 27, 2021.

ALFA-LAVAL AB UNSP/ADR

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