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LLB Annual Report 2021 de

29 Treasury shares

 

Quantity

in CHF thousands

As at 1 January 2020

364'295

23'574

Purchases

0

0

Disposals

– 75'885

– 4'911

As at 31 December 2020

288'410

18'663

Purchases

0

0

Disposals

– 55'475

– 3'590

As at 31 December 2021

232'935

15'073

The disposals were in connection with the transfer of share entitlements to the entitled employees of the LLB Group following a blocked period of three years. Only earned shares were transferred, no cash funds were paid out. The average price per share amounted to CHF 64.71 (previous year: CHF 64.71). The proportion of share capital represented by the transferred shares was 0.2 per cent (previous year: 0.2 %).