3.2 Share capital and treasury shares

Share capital

As of 30 June 2020, the share capital comprised 4,200,026 registered shares with a par value of CHF 0.10 each. The shares are listed on the SIX Swiss Exchange (DOKA/ISIN CH0011795959).

Conditional capital as of 30 June 2020 amounted to CHF 42,438.

In accordance with the resolution of the Annual General Meeting (AGM) of 22 October 2019, the BoD is authorized to increase the share capital, no later than 22 October 2021, by a maximum amount of CHF 42,000 through the issue of a maximum of 420,000 fully paid-in registered shares at a nominal value of CHF 0.10 each. The increase may be made in partial amounts. No shares were issued out of authorized capital in the 2019/20 financial year.

Treasury shares

Treasury shares are recorded as a negative balance within equity and disclosed in the consolidated statement of changes in equity. These registered shares are predominantly intended for share-based compensation. Further information about the long-term incentive stock award plans are disclosed in the note on personnel expense (1.3) and within the Compensation Report.

 

 

Financial year ended 30.06.2020

 

Financial year ended 30.06.2019

Equity and treasury shares

 

Number of shares

 

Transaction (Ø) price in CHF per share

 

Treasury shares in CHF million

 

Number of shares

 

Transaction (Ø) price in CHF per share

 

Treasury shares in CHF million

Treasury shares as at 30 June

 

42,810

 

733.00

 

31.4

 

54,709

 

735.29

 

40.2

Purchases of treasury shares

 

0

 

0.00

 

0.0

 

53,028

 

730.00

 

38.7

Shares awarded (share-based compensation)

 

–11,899

 

743.55

 

–8.8

 

–11,102

 

788.47

 

–8.8

Treasury shares as at 1 July

 

54,709

 

735.29

 

40.2

 

12,783

 

803.44

 

10.3

In the 2019/20 financial year, a total of 11,899 shares (2018/19: 11,102 shares) were allocated. 10,104 shares (6,006 restricted and 4,098 performance shares) were vested as part of the long-term incentive stock award plans (2018/19: 9,217 shares made up of 7,659 restricted and 1,558 performance shares). In addition, 1,787 restricted shares (2018/19: 1,282 restricted shares) were allocated to the BoD members and 8 shares (2018/19: 603 shares) were allocated as consideration for acquisitions from previous years. Further information on the long-term incentive stock award plans is included in the Compensation Report.

 
 

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