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Buybacks of shares in Alfa Laval during week 30, 2021

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During the period July 26 - July 30, 2021, Alfa Laval AB has repurchased 101,970 shares as part of its SEK 2 billion share buyback program initiated on April 27, 2021. This program is designed to optimize capital structure and runs until April 25, 2022. The company's total shareholding now includes 1,660,000 shares out of 419,456,315 shares total. Recent buybacks show daily volumes ranging from 17,000 to 23,970 shares, with weighted average prices between 349.7794 SEK and 358.4986 SEK.

Positive
  • Share buyback program of SEK 2 billion enhances capital structure.
  • Reduction in outstanding shares can increase EPS and shareholder value.
Negative
  • None.

LUND, Sweden, Aug. 2, 2021 /PRNewswire/ -- During the period July 26 - July 30, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 101,970 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)





26/07/2021

23,970

349.7794

8,384,212.22



27/07/2021

23,000

350.4101

8,059,432.30



28/07/2021

17,000

355.1336

6,037,271.20



29/07/2021

20,554

357.5180

7,348,424.97



30/07/2021

17,446

358.4986

6,254,366.58



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 1,660,000 shares as of August 2, 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 417,796,315.

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-30--2021,c3391387

The following files are available for download:

https://mb.cision.com/Main/905/3391387/1450065.pdf

Share buyback weekly ENG w.2021.30

https://mb.cision.com/Public/905/3391387/b62badb5547fd1fe.pdf

Share buyback weekly Appendix w 2021 30

Cision View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-30-2021-301346065.html

SOURCE Alfa Laval

FAQ

What was the total number of shares repurchased by Alfa Laval during the week of July 26 to July 30, 2021?

Alfa Laval repurchased a total of 101,970 shares during that week.

What is the purpose of the SEK 2 billion share buyback program announced by Alfa Laval?

The SEK 2 billion share buyback program aims to optimize the company's capital structure.

How long is the Alfa Laval share buyback program set to last?

The share buyback program runs from April 28, 2021 to April 25, 2022.

What was the weighted average price per share during the buybacks on July 29, 2021?

On July 29, 2021, the weighted average price per share was 357.5180 SEK.

How many shares does Alfa Laval hold after the recent buybacks as of August 2, 2021?

As of August 2, 2021, Alfa Laval holds 1,660,000 shares.

ALFA-LAVAL AB UNSP/ADR

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