Buybacks of shares in Alfa Laval during week 7, 2022
Between February 14 and February 18, 2022, Alfa Laval AB repurchased a total of 212,864 shares as part of its SEK 2 billion share buyback program initiated on April 27, 2021. This program aims to optimize the company's capital structure and runs until April 25, 2022. Recent purchases included transactions with daily volumes such as 50,000 shares on multiple days, with average prices ranging from 283.44 to 296.03 SEK. Following these buybacks, Alfa Laval holds 5,061,992 shares of its own, with a total of 419,456,315 shares outstanding.
- Share buyback program of SEK 2 billion enhances shareholder value.
- Reduction in outstanding shares may increase Earnings Per Share (EPS).
- Demonstrates company confidence in financial stability and future growth.
- None.
LUND, Sweden, Feb. 21, 2022 /PRNewswire/ -- During the period February 14 - February 18, 2022, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 212,864 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) | ||
14/02/2022 |
32,500 |
283.4422 |
9,211,871.50 | ||
15/02/2022 |
30,364 |
292.1128 |
8,869,713.06 | ||
16/02/2022 |
50,000 |
296.0281 |
14,801,405.00 | ||
17/02/2022 |
50,000 |
293.4765 |
14,673,825.00 | ||
18/02/2022 |
50,000 |
293.1829 |
14,659,145.00 |
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 5,061,992 shares as of February 18, 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 414,394,323.
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-7--2022,c3511153
The following files are available for download:
Share buyback weekly ENG w.07.2022 | |
https://mb.cision.com/Public/905/3511153/a3104489db7e2897.pdf | Share buyback weekly appendix w 07 2022 |
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SOURCE Alfa Laval
FAQ
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