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Buybacks of shares in Alfa Laval during week 50, 2021

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Alfa Laval AB has repurchased a total of 122,000 shares from December 13 to December 17, 2021, as part of a SEK 2 billion share buyback program initiated to optimize its capital structure. The buyback program, announced on April 27, 2021, is set to run until April 25, 2022, and complies with EU regulations. Following these transactions, the company holds 3,911,000 shares out of a total of 419,456,315 shares, with 415,545,315 outstanding shares as of December 17, 2021.

Positive
  • Initiation of a SEK 2 billion share buyback program aimed at optimizing capital structure.
  • Total shares repurchased shows active management of shareholder value.
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  • None.

LUND, Sweden, Dec. 20, 2021 /PRNewswire/ -- During the period December 13 - December 17, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 122,000 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)





                                   

13/12/2021

 

29,000

 

357.2132

 

10,359,182.80



                                   

14/12/2021

 

29,000

 

350.1397

 

10,154,051.30



                                   

15/12/2021

 

18,000

 

340.5751

 

6,130,351.80



                                   

16/12/2021

 

29,000

 

345.6620

 

10,024,198.00



                                   

17/12/2021

 

17,000

 

341.2562

 

5,801,355.40



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 3,911,000 shares as of December 17, 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 415,545,315.

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-50--2021,c3475527

The following files are available for download:

https://mb.cision.com/Main/905/3475527/1512414.pdf

Share buyback weekly ENG w.50.2021

https://mb.cision.com/Public/905/3475527/8105be023a5009b1.pdf

Share buyback weekly appendix w 50 2021

 

Cision View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-50-2021-301448238.html

SOURCE Alfa Laval

FAQ

What was the total amount repurchased by Alfa Laval AB this week?

Alfa Laval AB repurchased a total of 122,000 shares during the week of December 13 to December 17, 2021.

What is the purpose of the SEK 2 billion buyback program?

The SEK 2 billion buyback program is aimed at optimizing Alfa Laval's capital structure.

When does the Alfa Laval buyback program end?

The buyback program is scheduled to run until April 25, 2022.

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

After the recent buybacks, Alfa Laval holds a total of 3,911,000 own shares.

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

As of December 17, 2021, the total number of outstanding shares for Alfa Laval is 415,545,315.

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