1. Page header
1.1 Branding
1.6 Breadcrumb
1.4 Search
1.2 Main navigation
1.3 First level
1.4 Further levels
3. 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 that have since been repurchased.
| The following table provides a weekly summary of the repurchase transactions through the second trading line | |||
| Month |
|
|
Average price (in CHF) |
| November 2009 |
12'250 |
1'010'500 |
82.49 |
| December 2009 |
18'645 |
1'599'351 |
85.78 |
| January 2010 |
9'582 |
981'780 |
102.46 |
| February 2010* |
4'440 |
488'101 |
109.93 |
| March 2010 |
14'840 |
2'094'038 |
141.14 |
| April 2010 |
3'263 |
469'710 |
144.39 |
| May 2010 |
2'911 |
369'059 |
126.78 |
| June 2010 |
8'191 |
1'080'907 |
131.96 |
| July 2010 |
5'167 |
633'791 |
122.66 |
| August 2010* |
1'168 |
151'775 |
129.94 |
| September 2010 |
14'305 |
2'197'985 |
153.65 |
| Oktober 2010 |
4'800 |
831'609 |
173.25 |
| November 2010 |
5'300 |
963'053 |
181.71 |
| December |
350 |
65'600 |
187.43 |
| January 2011 |
598 |
120'212 |
201.02 |
| February 2011 |
3'000 |
588'585 |
196.20 |
| March 2011 |
3'850 |
915'243 |
237.73 |
| April 2011 |
1'650 |
419'320 |
254.13 |
* trading halts: Feb 09 - Feb 24, 2010; Aug 04 - Aug 18, 2010.
