Welcome to our dedicated page for Alfa Laval news (Ticker: ALFVY), a resource for investors and traders seeking the latest updates and insights on Alfa Laval stock.
Alfa Laval (ALFVY) is a global leader in industrial engineering solutions for heat transfer, separation, and fluid handling. This page provides investors and industry professionals with timely updates on the company’s financial performance, technological advancements, and strategic initiatives.
Access official press releases, earnings reports, and analysis of ALFVY’s innovations in marine decarbonization, sustainable processing, and energy efficiency. Our curated news collection covers acquisitions, partnerships, and R&D milestones that shape the company’s position in sectors like energy, food, and water treatment.
Key updates include insights into Alfa Laval’s progress in clean fuel systems, anti-fouling technologies, and operational expansions. Bookmark this page to stay informed about developments impacting the company’s market performance and long-term growth strategy.
Alfa Laval invites investors to participate in a third-quarter conference call on Sept. 29, 2021. Hosted by President and CEO Tom Erixon and CFO Jan Allde, the event will include insights into the company's performance. Interested attendees must register in advance to receive dial-in details. A live webcast will also be available on the Alfa Laval Investors website. For further information, contact Investor Relations representatives Johan Lundin and Beata Ardhe.
Alfa Laval AB repurchased 127,600 shares between September 20-24, 2021, as part of its SEK 2 billion share buyback program initiated on April 27, 2021. The program complies with EU Market Abuse Regulation and is scheduled to run until April 25, 2022. The recent buybacks were executed on Nasdaq Stockholm by Nordea Bank. Post-acquisition, Alfa Laval holds a total of 2,536,500 shares out of 419,456,315 total shares, leaving 416,919,815 outstanding shares. This strategic move aims to optimize the company's capital structure, enhancing shareholder value.
Alfa Laval has joined forces with major marine players like A.P. Moller-Maersk and Cargill to sign a "Call to Action for Shipping Decarbonization". This initiative aims to push governments to support zero-emission shipping, targeting a default by 2030. Currently, shipping contributes 3% of global greenhouse gas emissions. The International Maritime Organization aims to lower ship-related emissions by 50% by 2050, which is insufficient according to the Paris Agreement. Alfa Laval advocates for more ambitious maritime goals and is a leader in fuel and energy management technologies.
Alfa Laval AB has repurchased 126,900 shares from September 13-17, 2021, 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. The repurchases were executed through Nordea Bank on Nasdaq Stockholm, bringing total own shares held to 2,408,900. Currently, Alfa Laval has 419,456,315 total shares with 417,047,415 outstanding shares. This action is expected to positively impact shareholder value.
Alfa Laval has secured an order to supply decanters for a wastewater treatment facility in San Diego, enhancing the city’s Recycled Water program, which aims to supply over 40% of its water locally by 2035. This project is pivotal for ensuring sustainable water use, providing reliable resources for irrigation and non-potable applications. The decanters will aid in thickening and dewatering sludge, bolstering the municipality's goals for water recycling. In 2020, Alfa Laval reported annual sales of SEK 41.5 billion and employs 16,700 staff worldwide.
Alfa Laval is enhancing its partnership with Schneider Electric to digitize and analyze energy consumption data aimed at improving operational efficiency and achieving carbon neutrality by 2030. Initially started in 2019, this collaboration focuses on identifying energy efficiency projects and transitioning to renewable energy alternatives. Mikael Tydén emphasizes the role of such initiatives in meeting the Paris Agreement's goals. In 2020, Alfa Laval reported sales of SEK 41.5 billion and operates globally in various sectors, promoting sustainable practices and resource optimization.
Alfa Laval AB repurchased a total of 89,930 own shares from September 6 to September 10, 2021, as part of a SEK 2 billion share buyback program initiated to optimize its capital structure. The program runs until April 25, 2022, in compliance with EU regulations. Following these transactions, Alfa Laval’s total shareholding stands at 2,282,000 shares, with 419,456,315 shares outstanding, excluding repurchased shares. This buyback underscores the company's commitment to enhancing shareholder value.
Alfa Laval has partnered with Wayout International to develop micro-factories aimed at producing sustainable beverages, including drinking water, using advanced technology. The initial phase includes the construction of up to 100 micro-factories at Alfa Laval's site in Copenhagen, with production commencing in 2022. These factories will address water scarcity by treating and remineralizing various water types, significantly reducing plastic waste by preventing approximately 200,000 plastic bottles from being used monthly. The initiative aligns with global sustainability efforts.
From August 30 to September 3, 2021, Alfa Laval AB (ALFVY) repurchased 105,070 shares as part of its SEK 2 billion buyback program initiated on April 27, 2021. This program, running until April 25, 2022, aims to optimize capital structure in accordance with EU regulations. Post-buyback, Alfa Laval holds 2,192,070 shares, with total shares reaching 419,456,315. The transactions enhance shareholder value and reflect the company's commitment to maintaining a robust financial position.
During the period of August 23-27, 2021, Alfa Laval AB repurchased 96,000 shares as part of a SEK 2 billion share buyback program announced on April 27, 2021. This initiative aims to optimize the company's capital structure and is compliant with EU regulations. The total number of shares outstanding, after buybacks, stands at 417,369,315. Following these transactions, Alfa Laval now holds 2,087,000 of its own shares. These actions reflect the company's commitment to enhancing shareholder value.