6.16 Own shares and composition of equity
Own shares
2025 | 2024 | |||||||
Own shares (registered) | Quantity | Average transaction price in Swiss francs | Quantity | Average transaction price in Swiss francs | ||||
Shares with nominal value 3.70 CHF | Shares with nominal value 3.70 CHF | |||||||
Number of shares as of 01.01. | 263,496 | – | 273,104 | – | ||||
+ Purchase of own shares | 36,627 | 69.41 | 64,780 | 68.35 | ||||
– Sale of own shares1), 2) | – 236,115 | 70.00 | – 74,388 | 70.16 | ||||
Number of shares as of 31.12.3) | 64,008 | – | 263,496 | – | ||||
1)Of which, 57,830 compulsory shares were associated with share-based compensation in 2025.
2)In 2025, a loss of 13,153 Swiss francs was generated on the trading portfolio and 1,365,316 Swiss francs on the rest of the portfolio (likewise included in the capital reserve). In 2024, a profit of 72,265 Swiss francs was generated on the trading portfolio and 52,382 Swiss francs on the rest of the portfolio (likewise included in the capital reserve).
3)On 31 December 2025, 27,062 own shares with a nominal value of 3.70 Swiss francs each (previous year: 30,595 own shares with a nominal value of 3.70 Swiss francs each) were held to hedge self-issued structured products (tracker certificates).
No options have been allocated for the 2024 and 2025 financial years, and there are no outstanding options.
Non-distributable statutory reserves
Amounts in 1,000 Swiss francs | 31.12.2025 | 31.12.2024 | ||
Non-distributable statutory reserves | 91,729 | 91,729 | ||
Total non-distributable statutory reserves | 91,729 | 91,729 |
Within the meaning of Art. 671 para. 2 and Art. 672 para. 2 CO, the statutory capital reserves and retained earnings may not be distributed if together they do not exceed half of the share capital entered in the Commercial Register.