Buybacks of shares in Alfa Laval during week 3, 2022
During the week of January 17 - 21, 2022, Alfa Laval AB repurchased 92,849 shares as part of a SEK 2 billion share buyback program announced on April 27, 2021. This program, aimed at optimizing capital structure, is set to run until April 25, 2022. As of January 21, 2022, Alfa Laval holds 4,369,046 shares, out of a total of 419,456,315 shares. The share acquisitions were executed on Nasdaq Stockholm through Nordea, and the weighted average share price during this week ranged from 318.0851 SEK to 329.9325 SEK.
- Repurchase of 92,849 shares indicates a commitment to shareholder value.
- Total buyback program amount of SEK 2 billion shows confidence in the company's financial health.
- Optimizing capital structure may lead to improved stock performance.
- None.
LUND, Sweden, Jan. 24, 2022 /PRNewswire/ -- During the period January 17 - January 21, 2022, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 92,849 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) | ||
17/01/2022 |
20,849 |
329.9325 |
6,878,762.69 | ||
18/01/2022 |
17,000 |
321.5575 |
5,466,477.50 | ||
19/01/2022 |
17,000 |
323.0153 |
5,491,260.10 | ||
20/01/2022 |
17,000 |
324.5504 |
5,517,356.80 | ||
21/01/2022 |
21,000 |
318.0851 |
6,679,787.10 |
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 4,369,046 shares as of January 21, 2022.
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 415,087,269.
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-3--2022,c3491138
The following files are available for download:
Share buyback weekly ENG w.03.2022 | |
https://mb.cision.com/Public/905/3491138/84a221966ee7d29f.pdf | Share buyback weekly appendix w 03 2022 |
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SOURCE Cision AB
FAQ
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