Buybacks of shares in Alfa Laval during week 35 2021
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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
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.
Positive
- Repurchased 105,070 shares, enhancing shareholder value.
- Total buyback program amounts to SEK 2 billion, indicating strong financial strategy.
- Increased confidence in capital structure optimization.
Negative
- None.
Details
News Market Reaction – ALFVY
The recorded move for ALFVY in the trading session of this news was -1.72%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LUND, Sweden, Sept. 6, 2021 /PRNewswire/ -- During the period August 30 - September 3, 2021, Alfa Laval AB (publ) (LEI code: 549300UCKT2UK88AG251) has repurchased in total 105,070 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) | ||
30/08/2021 |
17,000 |
350.8616 |
5,964,647.20 | ||
31/08/2021 |
27,000 |
350.9878 |
9,476,670.60 | ||
01/09/2021 |
17,000 |
356.9046 |
6,067,378.20 | ||
02/09/2021 |
17,000 |
359.3382 |
6,108,749.40 | ||
03/09/2021 |
27,070 |
354.9052 |
9,607,283.76 |
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 2,192,070 shares as of September 3, 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 417,264,245.
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-35-2021,c3410577
The following files are available for download:
Share buyback weekly ENG w.2021 | |
https://mb.cision.com/Public/905/3410577/9d4ed1b9b036f80d.pdf | Share buyback weekly Appendix w 2021 35 |
View original content:https://www.prnewswire.com/news-releases/buybacks-of-shares-in-alfa-laval-during-week-35-2021-301369751.html
SOURCE Alfa Laval
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.