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Buybacks of shares in Alfa Laval during week 48, 2021

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Alfa Laval AB has repurchased a total of 112,000 shares from November 29 to December 3, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. This program is intended to optimize the company's capital structure and is compliant with EU Market Abuse Regulation. Following these transactions, Alfa Laval's total own shares reached 3,684,000 as of December 3, 2021, while the total number of shares outstanding is 415,772,315.

Positive
  • Initiation of a SEK 2 billion share buyback program demonstrates strong capital management.
  • Repurchase of 112,000 shares enhances shareholder value.
  • Current buyback program aligns with EU regulations, ensuring compliance.
Negative
  • None.

LUND, Sweden, Dec. 7, 2021 /PRNewswire/ -- During the period November 29 - December 3, 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)





                                   

29/11/2021

 

18,000

 

361.5353

 

6,507,635.40



                                   

30/11/2021

 

27,000

 

352.5638

 

9,519,222.60



                                   

01/12/2021

 

17,000

 

355.3422

 

6,040,817.40



                                   

02/12/2021

 

23,000

 

352.9361

 

8,117,530.30



                                   

03/12/2021

 

27,000

 

346.1454

 

9,345,925.80



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 3,684,000 shares as of December 3, 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 415,772,315.

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-48--2021,c3466600

The following files are available for download:

https://mb.cision.com/Main/905/3466600/1506018.pdf

Share buyback weekly ENG w.48.2021

https://mb.cision.com/Public/905/3466600/a8db296e8a9eb6b1.pdf

Share buyback weekly appendix w 48 2021

Cision View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-48-2021-301438778.html

SOURCE Alfa Laval

FAQ

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

The share buyback program aims to optimize the capital structure of Alfa Laval.

How many shares did Alfa Laval repurchase during the week of December 3, 2021?

Alfa Laval repurchased a total of 112,000 shares during that week.

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

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

When did Alfa Laval initiate the share buyback program?

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

What is the current number of outstanding shares for Alfa Laval after the buyback?

As of December 3, 2021, the number of outstanding shares is 415,772,315.

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