Buybacks of shares in Alfa Laval during week 39 2021
Alfa Laval AB repurchased 136,500 shares from September 27 to October 1, 2021, as part of its SEK 2 billion buyback program initiated on April 27, 2021. The program runs until April 25, 2022, aiming to optimize capital structure under EU regulations. Details show that the repurchase involved daily volumes with average share prices, totaling approximately SEK 54 million. With these transactions, Alfa Laval's total shareholding increased to 2,673,000 shares out of a total of 419,456,315 shares, while outstanding shares decreased to 416,783,315 as of October 1, 2021.
- The buyback program is expected to enhance shareholder value by optimizing the capital structure.
- The total amount allocated for the buyback program is SEK 2 billion, reflecting strong capital management.
- None.
LUND, Sweden, Oct. 4, 2021 /PRNewswire/ -- During the period September 27 - October 1, 2021, Alfa Laval AB (publ) ("Alfa Laval") (LEI code: 549300UCKT2UK88AG251) has repurchased in total 136,500 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) | |
27/09/2021 |
31,000 |
335.2011 |
10,391,234.10 | |
28/09/2021 |
32,000 |
325.6708 |
10,421,465.60 | |
29/09/2021 |
30,000 |
323.3935 |
9,701,805.00 | |
30/09/2021 |
23,820 |
327.3502 |
7,797,481.76 | |
01/10/2021 |
19,680 |
322.9389 |
6,355,437.55 |
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 2,673,000 shares as of October 1, 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 416,783,315.
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-39-2021,c3426542
The following files are available for download:
Share buyback weekly ENG w.2021.39 | |
https://mb.cision.com/Public/905/3426542/ad3e2becc1e42e8c.pdf | Share buyback weekly Appendix w 2021 39 |
View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-39-2021-301391860.html
SOURCE Alfa Laval
FAQ
What is the purpose of Alfa Laval's share buyback program?
How many shares has Alfa Laval repurchased during the buyback program?
What is the total value of Alfa Laval's share buyback program?
When is the deadline for the Alfa Laval share buyback program?
How many shares does Alfa Laval currently hold after the latest buybacks?
