STOCK TITAN

Buybacks of shares in Alfa Laval during week 5, 2022

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
buyback
Rhea-AI Summary

Alfa Laval AB has repurchased a total of 180,946 shares during the week of January 31 - February 4, 2022. This buyback is part of a larger SEK 2 billion share buyback program initiated on April 27, 2021, and is set to conclude on April 25, 2022. The repurchases were executed on Nasdaq Stockholm, with the current holding amounting to 4,653,992 shares. The total number of shares is 419,456,315, with 414,802,323 outstanding shares.

Positive
  • Share buyback program of SEK 2 billion enhances capital structure.
  • Repurchase of 180,946 shares demonstrates commitment to shareholder value.
Negative
  • None.

LUND, Sweden, Feb. 7, 2022 /PRNewswire/ -- During the period January 31 - February 4, 2022, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 180,946 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)





                                   

31/01/2022

 

40,000

 

312.2910

 

12,491,640.00



                                   

 01/02/2022

 

30,000

 

317.5083

 

9,525,249.00



                                   

02/02/2022

 

25,000

 

308.9553

 

7,723,882.50



                                   

03/02/2022

 

40,500

 

304.8987

 

12,348,397.35



                                   

04/02/2022

 

45,446

 

298.2547

 

13,554,483.10



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 4,653,992 shares as of February 4, 2022.

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 414,802,323.

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-5--2022,c3500139

The following files are available for download:

https://mb.cision.com/Main/905/3500139/1530892.pdf

Share buyback weekly ENG w.05.2022

https://mb.cision.com/Public/905/3500139/b90fdcaab3aece62.pdf

Share buyback weekly appendix w 05 2022

Cision View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-5-2022-301476521.html

SOURCE Alfa Laval

FAQ

What was the total number of shares repurchased by Alfa Laval during the week of February 4, 2022?

Alfa Laval repurchased a total of 180,946 shares during that week.

What is the total value of the Alfa Laval share buyback program?

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

When does the current share buyback program end?

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

How many shares does Alfa Laval currently hold after the buybacks?

After the buybacks, Alfa Laval currently holds 4,653,992 shares.

What is the total number of outstanding shares for Alfa Laval?

The total number of outstanding shares for Alfa Laval is 414,802,323.

ALFA-LAVAL AB UNSP/ADR

OTC:ALFVY

ALFVY Rankings

ALFVY Latest News

ALFVY Stock Data

17.58B
413.33M
0.01%
Specialty Industrial Machinery
Industrials
Link
United States of America
Lund