Buybacks of shares in Alfa Laval during week 33 2021
Alfa Laval AB announced the repurchase of 127,000 shares during the week of August 16-20, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. The buyback aims to optimize the company’s capital structure and is in compliance with EU Market Abuse Regulation. Following these purchases, Alfa Laval holds 1,991,000 own shares out of a total of 419,456,315 shares. The program will continue until April 25, 2022, enhancing shareholder value and potentially impacting the stock price positively.
- Repurchase of 127,000 shares strengthens capital structure.
- Total share buyback program valued at SEK 2 billion indicates strong management confidence.
- Enhanced shareholder value as shares are reduced from circulation.
- None.
LUND, Sweden, Aug. 23, 2021 /PRNewswire/ -- During the period August 16 - August 20, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 127,000 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) | ||
16/08/2021 |
27,500 |
362.9616 |
9,981,444.00 | ||
17/08/2021 |
27,500 |
362.3456 |
9,964,504.00 | ||
18/08/2021 |
27,500 |
360.8437 |
9,923,201.75 | ||
19/08/2021 |
27,500 |
351.2605 |
9,659,663.75 | ||
20/08/2021 |
17,000 |
351.1088 |
5,968,849.60 |
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 1,991,000 shares as of August 20, 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 417,465,315.
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-33-2021,c3401526
The following files are available for download:
Share buyback weekly ENG w.2021.33 | |
https://mb.cision.com/Public/905/3401526/9223a6b1cfc108ec.pdf | Share buyback weekly Appendix w 2021 33 |
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SOURCE Alfa Laval
FAQ
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