29 Treasury shares
|
|
Quantity |
in CHF thousands |
|
As at 1 January 2022 |
232'935 |
15'073 |
|
Purchases |
363'785 |
20'450 |
|
Disposals |
– 416'839 |
– 23'883 |
|
As at 31 December 2022 |
179'881 |
11'640 |
|
Purchases |
70'645 |
4'463 |
|
Disposals |
– 42'471 |
– 2'748 |
|
As at 31 December 2023 |
208'055 |
13'356 |
The comparison year included transactions in connection with the acquisition of non-controlling interests in Bank Linth LLB AG, now called LLB (Schweiz) AG.
The purchases in 2023 relate to the share repurchase programme launched on 28 August 2023.
Sales of treasury shares represent the transfer of acquired entitlements to eligible employees of the LLB Group after a blocking period of up to six years; no cash was received. The average price per share totalled CHF 64.70 (previous year: CHF 64.71). The proportion of the total share capital transferred to employees was 0.1 per cent (previous year: 0.2 %).