Buybacks of shares in Alfa Laval during week 28 2021
Alfa Laval AB has repurchased a total of 120,626 shares from July 12 to July 16, 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 compliant with EU regulations. As of July 19, 2021, Alfa Laval holds 1,448,549 own shares, with a total share count of 419,456,315. The buybacks contribute positively to shareholder value by potentially enhancing earnings per share (EPS) in the long run, reinforcing investor confidence.
- Share buyback of 120,626 shares supports capital structure optimization.
- Total share buyback program valued at SEK 2 billion indicates commitment to shareholder value.
- Increased holding of own shares to 1,448,549 could positively impact EPS.
- None.
LUND, Sweden, July 19, 2021 /PRNewswire/ -- During the period July 12 - July 16, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 120,626 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) | ||
12/07/2021 |
21,000 |
312.5237 |
6,562,997.70 | ||
13/07/2021 |
26,626 |
315.9979 |
8,413,760.09 | ||
14/07/2021 |
21,000 |
315.9557 |
6,635,069.70 | ||
15/07/2021 |
31,000 |
315.7265 |
9,787,521.50 | ||
16/07/2021 |
21,000 |
315.8177 |
6,632,171.70 |
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 1,448,549 shares as of July 19, 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 418,007,766.
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-28-2021,c3387054
The following files are available for download:
Share buyback weekly ENG w.2021.28 | |
https://mb.cision.com/Public/905/3387054/ae5516a212b76213.pdf | Share buyback weekly Appendix w 2021 28 |
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SOURCE Alfa Laval
FAQ
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