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Buybacks of shares in Alfa Laval during week 35 2021

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From August 30 to September 3, 2021, Alfa Laval AB (ALFVY) repurchased 105,070 shares as part of its SEK 2 billion buyback program initiated on April 27, 2021. This program, running until April 25, 2022, aims to optimize capital structure in accordance with EU regulations. Post-buyback, Alfa Laval holds 2,192,070 shares, with total shares reaching 419,456,315. The transactions enhance shareholder value and reflect the company's commitment to maintaining a robust financial position.

Positive
  • Repurchased 105,070 shares, enhancing shareholder value.
  • Total buyback program amounts to SEK 2 billion, indicating strong financial strategy.
  • Increased confidence in capital structure optimization.
Negative
  • None.

LUND, Sweden, Sept. 6, 2021 /PRNewswire/ -- During the period August 30 - September 3, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 105,070 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)





                                   

30/08/2021

 

17,000

 

350.8616

 

5,964,647.20



                                   

31/08/2021

 

27,000

 

350.9878

 

9,476,670.60



                                   

01/09/2021

 

17,000

 

356.9046

 

6,067,378.20



                                   

02/09/2021

 

17,000

 

359.3382

 

6,108,749.40



                                   

03/09/2021

 

27,070

 

354.9052

 

9,607,283.76



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 2,192,070 shares as of September 3, 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 417,264,245.

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-35-2021,c3410577

The following files are available for download:

https://mb.cision.com/Main/905/3410577/1464794.pdf

Share buyback weekly ENG w.2021

https://mb.cision.com/Public/905/3410577/9d4ed1b9b036f80d.pdf

Share buyback weekly Appendix w 2021 35

 

Cision View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-35-2021-301369751.html

SOURCE Alfa Laval

FAQ

How many shares did Alfa Laval repurchase during the week of August 30 to September 3, 2021?

Alfa Laval repurchased a total of 105,070 shares during that week.

What is the purpose of Alfa Laval's SEK 2 billion share buyback program?

The purpose is to optimize the capital structure and enhance shareholder value.

What is the stock symbol for Alfa Laval?

The stock symbol for Alfa Laval is ALFVY.

When was the share buyback program initiated by Alfa Laval?

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

How long will the Alfa Laval share buyback program run?

The buyback program will run until April 25, 2022.

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