Buybacks of shares in Alfa Laval during week 46, 2021
Alfa Laval AB has repurchased a total of 112,000 shares from November 15 to November 19, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021.
The buyback aims to optimize the company's capital structure and is regulated under the EU Market Abuse Regulation. Following these transactions, Alfa Laval holds 3,455,000 shares out of a total of 419,456,315 shares, with 416,001,315 outstanding shares. The program runs until April 25, 2022.
- Share buyback program of SEK 2 billion supports capital structure and may enhance shareholder value.
- Ongoing share repurchases increase EPS potential by reducing the number of outstanding shares.
- No negative aspects reported.
LUND, Sweden, Nov. 22, 2021 /PRNewswire/ -- During the period November 15 - November 19, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 112,000 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) | ||
15/11/2021 |
17,000 |
385.3664 |
6,551,228.80 | ||
16/11/2021 |
17,090 |
387.5803 |
6,623,747.33 | ||
17/11/2021 |
22,791 |
386.4729 |
8,808,103.86 | ||
18/11/2021 |
27,119 |
383.9088 |
10,411,222.75 | ||
19/11/2021 |
28,000 |
378.7971 |
10,606,318.80 |
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 3,455,000 shares as of November 19, 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 416,001,315.
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-46--2021,c3458093
The following files are available for download:
Share buyback weekly ENG w.46.2021 | |
https://mb.cision.com/Public/905/3458093/b82f3186811b2713.pdf | Share buyback weekly appendix w 46 2021 |
View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-46-2021-301429903.html
SOURCE Alfa Laval
FAQ
What was the share buyback amount for Alfa Laval during the week of November 15-19, 2021?
What is the purpose of Alfa Laval's SEK 2 billion share buyback program?
When did Alfa Laval initiate its share buyback program?
How many shares does Alfa Laval currently hold after the recent buybacks?
What is the total number of outstanding shares for Alfa Laval?
What regulatory guidelines govern Alfa Laval's share buyback program?
