Buybacks of shares in Alfa Laval during week 43, 2021
Alfa Laval AB has repurchased 115,000 shares between October 25 and October 29, 2021, as part of its ongoing SEK 2 billion share buyback program initiated on April 27, 2021. This program aims to optimize its capital structure and runs until April 25, 2022. The company now holds a total of 3,129,000 shares of its own stock, with 416,327,315 outstanding shares. The buybacks have been executed on Nasdaq Stockholm, demonstrating the company's commitment to shareholder value.
- Repurchased 115,000 shares, enhancing shareholder value.
- Total buyback program valued at SEK 2 billion, demonstrating financial strength.
- Ongoing buyback program increases confidence in future stock performance.
- None.
LUND, Sweden, Nov. 1, 2021 /PRNewswire/ -- During the period October 25 - October 29, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 115,000 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 buy-back 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)
| |
25/10/2021
|
30,000
|
332.0490
|
9,961,470.00
| |
26/10/2021
|
30,000
|
347.6307
|
10,428,921.00
| |
27/10/2021
|
19,172
|
354.7683
|
6,801,617.85
| |
28/10/2021
|
16,828
|
366.5392
|
6,168,121.66
| |
29/10/2021
|
19,000
|
366.0639
|
6,955,214.10
| |
All acquisitions have been carried out on Nasdaq Stockholm by Nordea on behalf of Alfa Laval. Following the above acquisitions, Alfa Laval's holding of own shares amounts to 3,129,000 shares as of October 29, 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 416,327,315.
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-43--2021,c3444726
The following files are available for download:
Share buyback weekly ENG w.43.2021 | |
https://mb.cision.com/Public/905/3444726/aa7f09e9bf8c7156.pdf | Share buyback weekly appendix w 43 2021 |
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SOURCE Alfa Laval
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