Buybacks of shares in Alfa Laval during week 9, 2022
Alfa Laval has repurchased 131,000 shares from February 28 to March 4, 2022, as part of its ongoing SEK 2 billion buyback program initiated on April 27, 2021. These transactions adhere to EU regulations and aim to optimize the company's capital structure. As of March 4, 2022, Alfa Laval holds a total of 5,376,992 shares, while the total number of shares is 419,456,315, with 414,079,323 outstanding shares. This buyback activity is expected to enhance shareholder value.
- Share buyback of 131,000 shares increases shareholder value.
- Total buyback program valued at SEK 2 billion, reflecting strong financial commitment.
- Current buyback aligns with capital optimization strategy.
- None.
LUND, Sweden, March 7, 2022 /PRNewswire/ -- During the period February 28 - March 4, 2022, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 131,000 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) | ||
28/02/2022 |
20,000 |
301.5246 |
6,030,492.00 | ||
01/03/2022 |
30,000 |
306.8310 |
9,204,930.00 | ||
02/03/2022 |
21,000 |
307.9255 |
6,466,435.50 | ||
03/03/2022 |
30,000 |
308.8914 |
9,266,742.00 | ||
04/03/2022 |
30,000 |
295.5080 |
8,865,240.00 |
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 5,376,992 shares as of March 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 414,079,323.
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-9--2022,c3519969
The following files are available for download:
Share buyback weekly ENG w.09.2022 | |
https://mb.cision.com/Public/905/3519969/b5516dc26a23dc08.pdf | Share buyback weekly appendix w 09 2022 |
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SOURCE Alfa Laval
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