Buybacks of shares in Alfa Laval during week 51, 2021

Rhea-AI Summary

Alfa Laval AB repurchased 72,000 shares from December 20 to December 23, 2021, as part of its SEK 2 billion buyback program initiated on April 27, 2021. This initiative aims to enhance the company's capital structure and shareholder value. As of December 23, 2021, Alfa Laval now holds 3,983,000 own shares, with a total share count of 419,456,315 including own shares. The buyback is conducted in compliance with EU regulations, signaling the company's commitment to effectively managing its equity and boosting confidence among investors.

Positive

• Completed buyback of 72,000 shares enhances shareholder value.
• Total buyback program valued at SEK 2 billion boosts investor confidence.
• Current holding of 3,983,000 shares indicates strong capital management.

Negative

• None.

LUND, Sweden, Dec. 27, 2021 /PRNewswire/ -- During the period December 20 - December 23, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 72,000 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)
20/12/2021	17,000	340.2813	5,784,782.10
21/12/2021	19,000	348.4314	6,620,196.60
22/12/2021	19,000	352.5810	6,699,039.00
23/12/2021	17,000	357.3678	6,075,252.60

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 3,983,000 shares as of December 23, 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 415,473,315.

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-51--2021,c3478810

The following files are available for download:

https://mb.cision.com/Main/905/3478810/1514978.pdf	Share buyback weekly ENG w.51.2021
https://mb.cision.com/Public/905/3478810/be1703ee7da19930.pdf	Share buyback weekly appendix w 51 2021

 

View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-51-2021-301450904.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 did Alfa Laval buy back between December 20 and December 23, 2021?

Alfa Laval repurchased a total of 72,000 shares during that period.

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

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

How many shares does Alfa Laval currently hold as of December 23, 2021?

As of December 23, 2021, Alfa Laval holds 3,983,000 own shares.

When was Alfa Laval's share buyback program initiated?

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

What is the total number of shares for Alfa Laval including own shares?

The total number of shares for Alfa Laval, including own shares, is 419,456,315.