Buybacks of shares in Alfa Laval during week 48, 2021
Alfa Laval AB (ALFVY) has repurchased a total of 112,000 shares from November 29 to December 3, 2021, as part of its SEK 2 billion buyback program initiated on April 27, 2021. This program, running until April 25, 2022, aims to optimize capital structure in accordance with EU regulations. The shares were bought at an average price of SEK 352.20 over the period. Following these purchases, Alfa Laval now holds 3,684,000 shares out of 419,456,315 total shares, with 415,772,315 outstanding shares.
- Repurchased 112,000 shares, enhancing shareholder value.
- Part of a SEK 2 billion buyback program indicating strong capital management.
- None.
LUND, Sweden, Dec. 6, 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:
Share buyback weekly ENG w.48.2021 | |
https://mb.cision.com/Public/905/3466600/a8db296e8a9eb6b1.pdf | Share buyback weekly appendix w 48 2021 |
View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-48-2021-301437970.html
SOURCE Alfa Laval
FAQ
What is the purpose of Alfa Laval's share buyback program?
How many shares did Alfa Laval repurchase in December 2021?
What is the total value of Alfa Laval's share buyback program?
What is the impact of the buyback on Alfa Laval's outstanding shares?
When does Alfa Laval's share buyback program end?
