Buybacks of shares in Alfa Laval during week 29 2021
Alfa Laval AB has repurchased 109,481 own shares from July 19 to July 23, 2021, as part of a share buyback program totaling SEK 2 billion announced on April 27, 2021.
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Rhea-AI Summary
Alfa Laval AB has repurchased 109,481 own shares from July 19 to July 23, 2021, as part of a share buyback program totaling SEK 2 billion announced on April 27, 2021. This initiative aims to optimize the capital structure and is compliant with EU regulations. Following these transactions, Alfa Laval holds 1,558,030 shares, out of a total of 419,456,315 shares issued, excluding the repurchased shares. The buybacks are executed through Nasdaq Stockholm by Nordea.
Positive
- Completion of 109,481 shares buyback improves capital structure.
- Total share buyback program of SEK 2 billion signals strong financial position.
Negative
- None.
Details
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LUND, Sweden, July 26, 2021 /PRNewswire/ -- During the period July 19 - July 23, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 109,481 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) | ||
19/07/2021 | 22,000 | 309.5611 | 6,810,344.20 | ||
20/07/2021 | 21,000 | 332.2982 | 6,978,262.20 | ||
21/07/2021 | 22,116 | 335.3616 | 7,416,857.15 | ||
22/07/2021 | 24,919 | 339.4471 | 8,458,682.28 | ||
23/07/2021 | 19,446 | 348.0743 | 6,768,652.84 |
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 1,558,030 shares as of July 26, 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 417,898,285.
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-29-2021,c3389321
The following files are available for download:
Share buyback weekly ENG w.2021.29 | |
https://mb.cision.com/Public/905/3389321/a67575436cec5ad6.pdf | Share buyback weekly Appendix w 2021 29 |
View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-29-2021-301341018.html
SOURCE Alfa Laval
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