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Buybacks of shares in Alfa Laval during week 34 2021

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During the period of August 23-27, 2021, Alfa Laval AB repurchased 96,000 shares as part of a SEK 2 billion share buyback program announced on April 27, 2021. This initiative aims to optimize the company's capital structure and is compliant with EU regulations. The total number of shares outstanding, after buybacks, stands at 417,369,315. Following these transactions, Alfa Laval now holds 2,087,000 of its own shares. These actions reflect the company's commitment to enhancing shareholder value.

Positive
  • Repurchased 96,000 shares, supporting long-term shareholder value.
  • Part of a SEK 2 billion buyback program aimed at optimizing capital structure.
  • Increased confidence in future financial stability due to buybacks.
Negative
  • None.

LUND, Sweden, Aug. 30, 2021 /PRNewswire/ -- During the period August 23 - August 27, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 96,000 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)





23/08/2021

17,000

353.9324

6,016,850.80



24/08/2021

27,000

350.1768

9,454,773.60



25/08/2021

17,000

350.3036

5,955,161.20



26/08/2021

18,000

345.8059

6,224,506.20



27/08/2021

17,000

348.6729

5,927,439.30



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 2,087,000 shares as of August 27, 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 417,369,315.

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-34-2021,c3406052

The following files are available for download:

https://mb.cision.com/Main/905/3406052/1461317.pdf

Share buyback weekly ENG w.2021.34

https://mb.cision.com/Public/905/3406052/8cf74fd0240cff34.pdf

Share buyback weekly Appendix w 2021 34

Cision View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-34-2021-301365152.html

SOURCE Alfa Laval

FAQ

What is Alfa Laval's recent share buyback amount?

Alfa Laval has repurchased 96,000 shares during the period of August 23-27, 2021.

What is the purpose of Alfa Laval's share buyback program?

The share buyback program aims to optimize capital structure and enhance shareholder value.

What is the total value of Alfa Laval's share buyback program?

The total value of Alfa Laval's share buyback program is SEK 2 billion.

When was Alfa Laval's share buyback program announced?

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

How many shares does Alfa Laval currently hold after the buyback?

After the buyback, Alfa Laval holds 2,087,000 of its own shares.

ALFA-LAVAL AB UNSP/ADR

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