On 16 March 2017, the Board of directors acknowledged the achievement of the maximum volume admitted by the past resolutions in terms of purchasing of treasury shares, resolving that the buyback program in force at that time should end on 21 April 2017. The Company proposes the approval of a new buyback program, beginning on 3 May 2017 and ending on 26 April 2019, to acquire - through purchases on SIX Swiss Exchange, through privately negotiated transactions or in one or more self tender offers - up to a maximum of 1,153,372 shares of the Company, for a price not less than the nominal value of a share, and not greater than the average closing price of a share on SIX Swiss Exchange during the 5 (five) trading days prior to the date of acquisition plus a 10% premium.

According to Article 123 x(1) (c) FMIO the maximum buyback volume per day is 1,844 shares.

On 21 April, 2017 the number of shares repurchased was 1,320,481 at an average price of CHF 14.51 equal to an investment of CHF 19,162,796 (EUR 17,959,508).

Buyback Newspaper – May 2017

Buyback Newspaper – April 2016

Buyback Newspaper Update - June 2015

Buyback Newspaper – August 2014

December
Date of purchase
No. of shares VWAP (CHF) Highest price (CHF) Lowest price (CHF)
Total amount paid (CHF)
01 Dec 2014 806 15.28
15.35
15.20
12,318
02 Dec 2014 5,307 15.18
15.45
14.95
80,572
03 Dec 2014 1,912
15.36
15.50
15.10
29,375
04 Dec 2014 3,177
15.61 15.75
15.40
49,599
05 Dec 2014 3,905
15.83
16.00
15.60
61,819
08 Dec 2014 1,278
15.49
15.70
15.30
19,799
09 Dec 2014 1,047
15.19
15.25
15.00
15,911
10 Dec 2014
810
14.90
15.05
14.70
12,075
11 Dec 2014
5,401 14.77
15.05
14.45
79,791
12 Dec 2014
3,063
14.78
14.90
14.50
45,277
17 Dec 2014
4,029
14.30
14.85
13.90
57,654
18 Dec 2014 5,762
16.37
16.55
15.65
94,325
19 Dec 2014
6,230
16.40
16.55
16.35
102,199
22 Dec 2014 3,192
16.33
16.45
16.15
52,154
23 Dec 2014 1,268 15.85
15.95
15.80
20,101
29 Dec 2014
4,026
15.53
15.80
15.20
62,562
30 Dec 2014 7,000 15.29
15.70
14.80
107,043
November
Date of purchase
No. of shares VWAP (CHF) Highest price (CHF) Lowest price (CHF)
Total amount paid (CHF)
03 Nov 2014 2,410 17.10 17.25 16.75 41,231
04 Nov 2014
6,492
17.05
17.25 16.70
110,700
05 Nov 2014 1,075
16.92
17.05
16.75
18,194
06 Nov 2014 2,514
16.60
16.60
16.60
41,732
07 Nov 2014 2,533
16.33
16.75
16.10
41,384
10 Nov 2014 3,557
15.81
16.20
15.45
56,260
11 Nov 2014 5,065
15.86
15.95
15.60
80,366
12 Nov 2014 6,582
15.70
15.80
15.50
103,347
13 Nov 2014 7,000
16.24
16.55
15.70
113.718
14 Nov 2014 7,000
16.70
16.85
16.45
116,934
17 Nov 2014
6,083
16.48
16.85
16.10
100,308
18 Nov 2014 6,192
16.46
16.60
16.40
101,970
19 Nov 2014
6,586
15.90
16.35
15.75
104,720
20 Nov 2014 7,000
15.57
15.95
15.20
109,059
21 Nov 2014 7,000
15.73
15.95
15.60
110,128
24 Nov 2014 7,000
15.43
15.80
15.25
108,065
25 Nov 2014 7,000 15.61
15.85
15.10
109,336
26 Nov 2014 3,667
15.60
15.80
15.40
57,233
27 Nov 2014
2,465
15.74
15.90
15.45
38,805
28 Nov 2014 2,406
15.38
15.60
15,15
37,018
October
Date of purchase
No. of shares VWAP (CHF) Highest price (CHF) Lowest price (CHF)
Total amount paid (CHF)
02 Oct 2014 3,000 20.45 20.20 20.50 61,371
03 Oct 2014 3,000 20.50 20.50 20.50 61,500
06 Oct 2014
2,513 20.44
20.50
20.30
51,376
07 Oct 2014
8,700
19.97 20.45
19.25
173,742
08 Oct 2014
7,000 19.16 19.75 18.85 134,188
09 Oct 2014
1,701
18.82 18.90 18.80 32,027
10 Oct 2014
5,000 17.88 18.40 17.35 89,448
22 Oct 2014 150 16.57 16.60 16.50
2,487
23 Oct 2014 2,487 16.52
16.60 16.35
41,096
24 Oct 2014 4,535 16.75
17.00 16,50
76,003
27 Oct 2014 7,000
15.97 16.60
15.45
111,847
28 Oct 2014  3,696 15.93
16.00
15.65
58,887
29 Oct 2014 3,070 16.70
16.95
16.10
51,283
30 Oct 2014 3,795
16.85
17.00
16.70
63,968
31 Oct 2014 512
17.00
17.00
17.00
8,704
September
Date of purchase
No. of shares VWAP (CHF) Highest price (CHF) Lowest price (CHF)
Total amount paid (CHF)
17 Sep 2014
9,000
19.23
19.45
18.30
173,099
18 Sep 2014
9,000
20.05
20.35
19.50
180,453
19 Sep 2014
9,000
20.57
21.35
20.30
185,196
22 Sep 2014
9,000
20.73
20.90
20.15
186,606
23 Sep 2014
5,000
20.48
21.00
20.05
102,431
24 Sep 2014
5,000
20.57
20.70
20.30
102,875
25 Sep 2014
5,000
20.52
20.90
20.30
102,608
26 Sep 2014
5,000
20.47
20.65
20.35
102,377
29 Sep 2014
3,000
20.21
20.30
20.00
60,656
30 Sep 2014
1,521
20.22
20.30
20.10
30,762

VWAP = Volume weighted average price

Total number of shares purchased: 138,908
Number of shares issued as per 13 August 2014: 14,622,631
Total number of shares purchased in % of shares issued: 0.95%
Total purchase price: 1,868,221 CHF