Buybacks of shares in Alfa Laval during week 42 2021

Rhea-AI Summary

Alfa Laval AB has repurchased 110,000 shares from October 18 to October 22, 2021, as part of its SEK 2 billion buyback program initiated in April 2021. The program aims to optimize the capital structure and will continue until April 25, 2022. The buyback follows EU regulations and has raised the total shares held by Alfa Laval to 3,014,000. The company now has 419,456,315 total shares, with 416,442,315 outstanding. Share buybacks typically indicate strong management confidence in future performance.

Positive

• Repurchased 110,000 shares, signaling strong management confidence.
• Part of a SEK 2 billion buyback program aimed at optimizing capital structure.
• Share buybacks may enhance shareholder value by reducing outstanding shares.

Negative

• None.

LUND, Sweden, Oct. 25, 2021 /PRNewswire/ -- During the period October 18 - October 22, 2021, Alfa Laval AB (publ) ("Alfa Laval") (LEI code: 549300UCKT2UK88AG251) has repurchased in total 110,000 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)
18/10/2021	23,000	329.2291	7,572,269.30
19/10/2021	19,000	334.6520	6,358,388.00
20/10/2021	19,000	334.2463	6,350,679.70
21/10/2021	31,000	332.2985	10,301,253.50
22/10/2021	18,000	335.0199	6,030,358.20

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 3,014,000 shares as of October 22, 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 416,442,315.

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-42-2021,c3439321

The following files are available for download:

https://mb.cision.com/Main/905/3439321/1485647.pdf	Share buyback weekly ENG w.2021.42
https://mb.cision.com/Public/905/3439321/baa2bf64cdcb2c69.pdf	Share buyback weekly Appendix w 2021 42

View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-42-2021-301407506.html

SOURCE Alfa Laval

FAQ

What recent buyback program did Alfa Laval announce?

Alfa Laval announced a SEK 2 billion share buyback program aiming to optimize its capital structure.

How many shares did Alfa Laval repurchase between October 18 and 22, 2021?

Alfa Laval repurchased a total of 110,000 shares during that period.

What is the total number of shares outstanding for Alfa Laval after the recent buybacks?

After the buybacks, Alfa Laval has 416,442,315 outstanding shares.

How does the share buyback affect Alfa Laval's future performance?

Share buybacks often indicate management's confidence in the company's future performance and can improve shareholder value.

When does the Alfa Laval share buyback program end?

The share buyback program is set to continue until April 25, 2022.