Buybacks of shares in Alfa Laval during week 37 2021
Alfa Laval AB has repurchased 126,900 shares from September 13-17, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. This program aims to optimize the company's capital structure and runs until April 25, 2022. The repurchases were executed through Nordea Bank on Nasdaq Stockholm, bringing total own shares held to 2,408,900. Currently, Alfa Laval has 419,456,315 total shares with 417,047,415 outstanding shares. This action is expected to positively impact shareholder value.
- Repurchase of 126,900 shares enhances shareholder value.
- Total buyback amount of SEK 2 billion signals confidence in long-term growth.
- None.
LUND, Sweden, Sept. 20, 2021 /PRNewswire/ -- During the period September 13 - September 17, 2021, Alfa Laval AB (publ) ("Alfa Laval") (LEI code: 549300UCKT2UK88AG251) has repurchased in total 126,900 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 buyback 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) | ||
13/09/2021 |
27,000 |
351.4894 |
9,490,213.80 | ||
14/09/2021 |
23,600 |
346.9638 |
8,188,345.68 | ||
15/09/2021 |
27,500 |
345.9841 |
9,514,562.75 | ||
16/09/2021 |
19,900 |
348.3687 |
6,932,537.13 | ||
17/09/2021 |
28,900 |
345.5109 |
9,985,265.01 |
All acquisitions have been carried out on Nasdaq Stockholm by Nordea Bank Abp on behalf of Alfa Laval. Following the above acquisitions, Alfa Laval's holding of own shares amounts to 2,408,900 shares as of September 17, 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 417,047,415.
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-37-2021,c3417999
The following files are available for download:
Share buyback weekly ENG w.2021.37 | |
https://mb.cision.com/Public/905/3417999/8ca7e363ef219d95.pdf | Share buyback weekly Appendix w 2021 37 |
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SOURCE Alfa Laval
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