Buybacks of shares in Alfa Laval during week 41 2021

Rhea-AI Summary

From October 11 to October 15, 2021, Alfa Laval AB has completed the repurchase of 108,000 shares 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 buybacks were executed in compliance with EU regulations, with shares acquired at an average price of SEK 327.66 during the reported week. Post-transaction, Alfa Laval holds a total of 2,904,000 shares.

Positive

• Share buyback program valued at SEK 2 billion demonstrating commitment to shareholder value.
• Repurchase of shares may lead to an increase in earnings per share (EPS) by reducing the number of outstanding shares.

Negative

• None.

LUND, Sweden, Oct. 18, 2021 /PRNewswire/ -- During the period October 11 - October 15, 2021, Alfa Laval AB (publ) ("Alfa Laval") (LEI code: 549300UCKT2UK88AG251) has repurchased in total 108,000 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 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)
11/10/2021	20,875	319.0679	6,660,542.41
12/10/2021	19,125	320.6858	6,133,115.93
13/10/2021	18,000	324.6840	5,844,312.00
14/10/2021	31,000	327.6597	10,157,450.70
15/10/2021	19,000	329.8538	6,267,222.20

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 2,904,000 shares as of October 15, 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 416,552,315.

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-41-2021,c3434845

The following files are available for download:

https://mb.cision.com/Main/905/3434845/1482280.pdf	Share buyback weekly ENG w.2021.41
https://mb.cision.com/Public/905/3434845/b6cd2aba573910d5.pdf	Share buyback weekly Appendix w 2021 41

View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-41-2021-301402255.html

SOURCE Alfa Laval

FAQ

What is the recent share buyback amount for Alfa Laval (ALFVY)?

Alfa Laval has repurchased a total of 108,000 shares during the week of October 11-15, 2021.

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

The share buyback program aims to optimize Alfa Laval's capital structure.

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

The total value of the share buyback program is SEK 2 billion.

When was Alfa Laval's share buyback program initiated?

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

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

As of October 15, 2021, Alfa Laval holds a total of 2,904,000 shares.

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

The share buyback program runs from April 28, 2021, to April 25, 2022.