Buybacks of shares in Alfa Laval during week 45, 2021
Alfa Laval AB has repurchased 109,000 shares from November 8-12, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. This buyback aims to optimize the company's capital structure and is in compliance with EU Market Abuse Regulations. Following these transactions, Alfa Laval holds a total of 3,343,000 own shares, out of 419,456,315 total shares, leaving 416,113,315 outstanding shares. The buybacks reflect the company's commitment to enhancing shareholder value.
- Share buyback of 109,000 shares enhances shareholder value.
- Initiated SEK 2 billion share buyback program indicates strong capital structure focus.
- Total shares repurchased now amount to 3,343,000, indicating significant investment in own stock.
- None.
LUND, Sweden, Nov. 15, 2021 /PRNewswire/ -- During the period November 8 - November 12, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 109,000 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) | ||
08/11/2021 | 19,000 | 376.7116 | 7,157,520.40 | ||
09/11/2021 | 28,000 | 377.8272 | 10,579,161.60 | ||
10/11/2021 | 29,000 | 374.8484 | 10,870,603.60 | ||
11/11/2021 | 16,000 | 378.8487 | 6,061,579.20 | ||
12/11/2021 | 17,000 | 382.9427 | 6,510,025.90 |
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 3,343,000 shares as of November 12, 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 416,113,315.
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-45--2021,c3453969
The following files are available for download:
Share buyback weekly ENG w.45.2021 | |
https://mb.cision.com/Public/905/3453969/afb4558d7c927360.pdf | Share buyback weekly appendix w 45 2021 |
View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-45-2021-301424096.html
SOURCE Alfa Laval
FAQ
What was the total number of shares repurchased by Alfa Laval during the buyback period from November 8-12, 2021?
What is the purpose of Alfa Laval's share buyback program?
How much is the total share buyback program for Alfa Laval, and when was it initiated?
What is the current total number of shares held by Alfa Laval after the recent buybacks?
How many outstanding shares does Alfa Laval have excluding own shares?
