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Buybacks of shares in Alfa Laval during week 49, 2021

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During December 6-10, 2021, Alfa Laval repurchased 105,000 shares as part of its SEK 2 billion buyback program, which aims to optimize its capital structure. This program, initiated on April 27, 2021, is scheduled to run until April 25, 2022, adhering to EU Market Abuse Regulation. The current total of Alfa Laval's own shares is 3,789,000, out of a total of 419,456,315 shares, resulting in 415,667,315 outstanding shares.

Positive
  • Accrued 105,000 shares in the buyback, enhancing shareholder value.
  • Part of a larger SEK 2 billion buyback program, reflecting strong financial health.
  • Optimizes capital structure, potentially driving stock price appreciation.
Negative
  • None.

LUND, Sweden, Dec. 13, 2021 /PRNewswire/ -- During the period December 6 - December 10, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 105,000 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)





                                   

06/12/2021

 

17,000

 

346.9481

 

5,898,117.70



                                   

07/12/2021

 

17,000

 

359.8876

 

6,118,089.20



                                   

08/12/2021

 

27,000

 

361.2968

 

9,755,013.60



                                   

09/12/2021

 

27,000

 

356.9776

 

9,638,395.20



                                   

10/12/2021

 

17,000

 

356.0173

 

6,052,294.10



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 3,789,000 shares as of December 10, 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 415,667,315.

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-49--2021,c3471180

The following files are available for download:

https://mb.cision.com/Main/905/3471180/1509086.pdf

Share buyback weekly ENG w.49.2021

https://mb.cision.com/Public/905/3471180/8852b5d650762ecd.pdf

Share buyback weekly appendix w 49 2021

Cision View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-49-2021-301443110.html

SOURCE Alfa Laval

FAQ

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

The share buyback program aims to optimize Alfa Laval's capital structure and enhance shareholder value.

How many shares has Alfa Laval repurchased in December 2021?

Alfa Laval repurchased 105,000 shares during the period of December 6-10, 2021.

What is the total amount allocated for the share buyback program by Alfa Laval?

Alfa Laval has allocated SEK 2 billion for its share buyback program.

When does Alfa Laval's share buyback program end?

The share buyback program is set to end on April 25, 2022.

How many total shares does Alfa Laval have after the buyback?

After the buyback, Alfa Laval holds a total of 3,789,000 shares.

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