New number of shares and votes in Alfa Laval AB (publ)

Rhea-AI Summary

On May 31, 2022, Alfa Laval AB announced that following a resolution from its Annual General Meeting, it canceled a total of 5,579,492 own shares repurchased under its share buy-back program. This action has resulted in a new total of 413,876,823 shares and voting rights. This announcement is part of Alfa Laval's compliance with the Swedish Financial Instruments Trading Act.

Positive

• Completion of share cancellation enhances shareholder value by decreasing share count.
• Reflects a commitment to returning capital to shareholders through share buy-back programs.

Negative

• None.

LUND, Sweden, May 31, 2022 /PRNewswire/ -- Following implementation of the resolution at the Annual General Meeting to cancel 5,579,492 own shares that had been repurchased under Alfa Laval AB's share buy-back program, the total number of shares and votes in Alfa Laval AB is 413,876,823.

For more information please contact:
Johan Lundin
Head of Investor Relations
Tel: +46 46 36 65 10
Mobile: +46 730 46 30 90

This is information that Alfa Laval AB (publ) is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication at 07:30 CEST on May 31, 2022.

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https://news.cision.com/alfa-laval/r/new-number-of-shares-and-votes-in-alfa-laval-ab--publ-,c3576249

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https://mb.cision.com/Main/905/3576249/1586086.pdf

New number of share_ENG_Final

View original content:https://www.prnewswire.com/news-releases/new-number-of-shares-and-votes-in-alfa-laval-ab-publ-301557567.html

SOURCE Alfa Laval

FAQ

What was announced by Alfa Laval AB on May 31, 2022 regarding shares?

Alfa Laval AB announced the cancellation of 5,579,492 shares, bringing the total to 413,876,823 shares.

How many shares does Alfa Laval AB have after the cancellation?

After the cancellation, Alfa Laval AB has a total of 413,876,823 shares.

What financial regulation does Alfa Laval AB comply with regarding share cancellations?

Alfa Laval AB complies with the Swedish Financial Instruments Trading Act.

What was the purpose of the share buy-back program implemented by Alfa Laval AB?

The share buy-back program aims to enhance shareholder value by reducing the total number of shares.

What impact does the share cancellation have on Alfa Laval AB's stock?

The cancellation of shares can enhance shareholder value by reducing share dilution.