Buybacks of shares in Alfa Laval during week 38 2021
Alfa Laval AB repurchased 127,600 shares between September 20-24, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. The program complies with EU Market Abuse Regulation and is scheduled to run until April 25, 2022. The recent buybacks were executed on Nasdaq Stockholm by Nordea Bank. Post-acquisition, Alfa Laval holds a total of 2,536,500 shares out of 419,456,315 total shares, leaving 416,919,815 outstanding shares. This strategic move aims to optimize the company's capital structure, enhancing shareholder value.
- Initiated SEK 2 billion share buyback program to optimize capital structure.
- Shares repurchased reflect confidence in future performance, potentially enhancing EPS and shareholder value.
- None.
LUND, Sweden, Sept. 27, 2021 /PRNewswire/ -- During the period September 20 - September 24, 2021, Alfa Laval AB (publ) ("Alfa Laval") (LEI code: 549300UCKT2UK88AG251) has repurchased in total 127,600 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) | ||
20/09/2021 |
30,000 |
333.1760 |
9,995,280.00 | ||
21/09/2021 |
30,100 |
333.0258 |
10,024,076.58 | ||
22/09/2021 |
17,500 |
333.8044 |
5,841,577.00 | ||
23/09/2021 |
24,000 |
337.4193 |
8,098,063.20 | ||
24/09/2021 |
26,000 |
337.0467 |
8,763,214.20 |
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 2,536,500 shares as of September 24, 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 416,919,815.
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-38-2021,c3422168
The following files are available for download:
Share buyback weekly ENG w.2021.38 | |
https://mb.cision.com/Public/905/3422168/9c6f1daf38a7a0a6.pdf | Share buyback weekly Appendix w 2021 38 |
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SOURCE Alfa Laval
FAQ
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