3.2 Share capital and treasury shares

Share capital

As of 30 June 2023, 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 2023 amounted to CHF 42,438.40.

In accordance with the resolution of the Annual General Meeting (AGM) of 12 October 2021, the Board of Directors (BoD) is authorized to increase the share capital by no later than 12 October 2023 up to a maximum amount of CHF 42,000 by issuing a maximum of 420,000 fully paid-in registered shares with 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 2022/23 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 30.06.2023

 

Financial year ended 30.06.2022

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

 

13,577

 

672.58

 

9.1

 

21,624

 

740.99

 

16.0

Purchases of treasury shares

 

2,600

 

369.85

 

1.0

 

4

 

675.00

 

0.0

Shares awarded (share-based compensation)

 

–10,647

 

737.59

 

–7.9

 

–9,639

 

726.24

 

–7.0

Treasury shares as at 1 July

 

21,624

 

740.99

 

16.0

 

31,259

 

736.45

 

23.0

In the 2022/23 financial year, a total of 10,647 shares (2021/22: 9,639 shares) were allocated. 6,862 shares (4,984 restricted and 1,878 performance shares) were vested as part of the long-term incentive stock award plans (2021/22: 7,552 shares made up of 4,307 restricted and 3,245 performance shares). In addition, 3,785 restricted shares (2021/22: 2,087 restricted shares) were allocated to the BoD members. Further information on the long-term incentive stock award plans is included in the Compensation Report.