29 Treasury shares
|
|
Quantity |
in CHF thousands |
|
As at 1 January 2021 |
288'410 |
18'663 |
|
Purchases |
0 |
0 |
|
Disposals |
– 55'475 |
– 3'590 |
|
As at 31 December 2021 |
232'935 |
15'073 |
|
Purchases |
363'785 |
20'450 |
|
Disposals |
– 416'839 |
– 23'883 |
|
As at 31 December 2022 |
179'881 |
11'640 |
Within the scope of the acquisition of non-controlling interests in Bank Linth LLB AG, Liechtensteinische Landesbank AG purchased its own shares because a portion of the purchase price was to be compensated with treasury shares. Details can be seen in the accounting principles in chapter 2.1.1 and in the consolidated statement of changes to equity.
The remaining portion of disposals of around 53'000 shares relates to the transfer of acquired share entitlements to the eligible employees of the LLB Group following the blocking 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 transferred to employees was 0.2 per cent (previous year: 0.2 %).