Share Buyback

The Board of Directors of Walter Meier AG decided on October 15, 2009, to launch a share buyback program of up to a maximum amount of CHF 15 million for the purpose of a reduction in capital. The buyback started on November 4, 2009, and it is being made through a second trading line for -A- registered shares of Walter Meier on the SIX Swiss Exchange. The buyback was completed on april 28. A total of 114 300 -A- registered shares, corresponding to 5.12 percent of the share capital currently entered in the commercial register, were repurchased. The buyback volume amounted to CHF 15 million. At the 2011 annual shareholders’ meeting, a decision was made to reduce capital and to destroy 108 800 -A- registered shares. The Board of Directors of Walter Meier will propose to the 2012 annual shareholders’ meeting a further capital reduction in the amount of the shares (5'500) that have since been repurchased.  

* trading halts: Feb 09 - Feb 24, 2010; Aug 04 - Aug 18, 2010.