3.2 Share capital and treasury shares

Share capital

On 28 October 2025, the company implemented a 1-for-10 share split, increasing the number of registered shares from 4,200,026 to 42,000,260.

As of 30 June 2026, the share capital comprised 42,000,260 registered shares with a par value of CHF 0.01 each. The shares are listed on the SIX Swiss Exchange (DOKA/ISIN CH1486524122).

Conditional capital as of 30 June 2026 amounted to CHF 42,438.40.

The company has a capital range ranging from CHF 378,002.60 (lower limit) to CHF 462.002.60 (upper limit). The Board of Directors is authorized within the capital range to increase or reduce the share capital once or several times and in any amounts or to acquire or dispose of shares directly or indirectly, until 5 October 2028, or until an earlier expiry of the capital range. The capital increase or reduction may be effected by issuing up to 4,200,000 fully paid registered shares with a nominal value of CHF 0.01 each or by canceling up to 4,200,000 registered shares with a nominal value of CHF 0.01 each, as applicable, or by increasing or reducing the nominal value of the existing registered shares within the limits of the capital range or by simultaneous reduction and reincrease of the share capital. No shares were issued out of authorized capital in the 2025/26 financial year.

Treasury shares

Treasury shares are recorded as a negative balance within equity and are 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 expenses (1.3) and within the Compensation Report.

 

 

Financial year ended 30.06.2026

 

Financial year ended 30.06.2025

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 at the end of the period

 

411,732

 

63.56

 

26.2

 

413,330

 

67.31

 

27.8

Purchases of treasury shares

 

149,292

 

53.47

 

8.0

 

385,000

 

67.18

 

25.9

Shares awarded (share-based compensation)

 

–150,890

 

63.84

 

–9.6

 

–61,940

 

60.26

 

–3.8

Treasury shares at the beginning of the period

 

413,330

 

67.31

 

27.8

 

90,270

 

63.03

 

5.7

Number of shares

 

Financial year ended 30.06.2026

 

Financial year ended 30.06.2025

Total shares allocated

 

150,890

 

61,940

Performance shares (LTIP)

 

127,247

 

43,860

Restricted shares (BoD Members)

 

23,643

 

18,080

Further information on the long-term incentive stock award plans is included in the Compensation Report.