SIX Swiss Exchange

ABB Ltd: ABB plans to launch new share buyback of up to $1 billion following completion of 2023–2024 program

Retrieved on: 
Mercoledì, Aprile 10, 2024

Through this buyback program, ABB repurchased a total of 21,387,687 shares – equivalent to 1.09 percent of its issued share capital at launch of the buyback program – for a total amount of approximately $0.83 billion over the past 12 months.

Key Points: 
  • Through this buyback program, ABB repurchased a total of 21,387,687 shares – equivalent to 1.09 percent of its issued share capital at launch of the buyback program – for a total amount of approximately $0.83 billion over the past 12 months.
  • ABB’s Board of Directors intends to use the capital band approved at the 2023 Annual General Meeting to cancel all shares repurchased under the 2023–2024 share buyback program.
  • Consistent with ABB’s capital allocation principles, the Board of Directors today approved a new share buyback program for capital reduction purposes of up to $1 billion.
  • ABB intends to also use the capital band for the cancellation of the shares repurchased under this new program.

ABB Ltd: ABB launches new share buyback program of up to $1 billion

Retrieved on: 
Mercoledì, Aprile 10, 2024

On April 1, 2024, ABB will launch its previously announced new share buyback program of up to $1 billion.

Key Points: 
  • On April 1, 2024, ABB will launch its previously announced new share buyback program of up to $1 billion.
  • Since July 2020, ABB has repurchased about 308 million shares for capital reduction purposes for a total amount of approximately $9.4 billion.
  • This includes 21,387,687 shares that were repurchased under the 2023–2024 share buyback program and are expected to be cancelled in Q2 2024.
  • The new share buyback program will be managed by a bank mandated by ABB that, based on trading parameters received from ABB, will make its trading decisions concerning the timing of share repurchases independently of ABB.

Holcim launches share buyback program of CHF 1 billion

Retrieved on: 
Mercoledì, Aprile 10, 2024

On 18 March 2024, Holcim will launch its previously announced share buyback program for a total amount of CHF 1 billion until year-end 2024, with the share cancellation to be approved at the Annual General Meeting in 2025.

Key Points: 
  • On 18 March 2024, Holcim will launch its previously announced share buyback program for a total amount of CHF 1 billion until year-end 2024, with the share cancellation to be approved at the Annual General Meeting in 2025.
  • The share buyback will be funded from available cash on the balance sheet.
  • The share buyback program will be executed on a second trading line on SIX Swiss Exchange (Valor: 133 483 246, ISIN: CH133 483 246 1).
  • Concurrently with this press release, Holcim has published the details of the program in a buyback notice.

Press release: Leonteq becomes market maker at BX Swiss

Retrieved on: 
Mercoledì, Aprile 10, 2024

Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions.

Key Points: 
  • Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions.
  • Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees.
  • Leonteq AG has a BBB credit rating by Fitch Ratings, was assigned with an AA ESG rating by MSCI and is listed on the SIX Swiss Exchange (SIX: LEON).
  • www.leonteq.com
    This press release issued by Leonteq AG (the “Company”) serves for information purposes only and does not constitute research.

Forbo shareholders approve all proposals of the Board of Directors

Retrieved on: 
Mercoledì, Aprile 10, 2024

At today’s 96th Ordinary General Meeting of Forbo Holding Ltd in Zug, the shareholders approved all of the Board of Directors' proposals by a large majority.

Key Points: 
  • At today’s 96th Ordinary General Meeting of Forbo Holding Ltd in Zug, the shareholders approved all of the Board of Directors' proposals by a large majority.
  • The shareholders accepted all of the Board of Directors' proposals by a large majority.
  • Except for Dr. Peter Altorfer, who did not stand for re-election after 19 years of successful work on the Forbo Board, all previous Board of Directors members were confirmed in office.
  • The Board of Directors thanks him for his exceptional commitment and for the trusting cooperation and wishes him all the best.

Trading in Intershop shares temporarily suspended in connection with the implementation of the share split

Retrieved on: 
Mercoledì, Aprile 10, 2024

Trading in Intershop shares has temporarily been suspended yesterday, Thursday, 4 April 2024, and will be resumed for formal reasons after the share split on 10th April 2024 at the latest on a split basis.

Key Points: 
  • Trading in Intershop shares has temporarily been suspended yesterday, Thursday, 4 April 2024, and will be resumed for formal reasons after the share split on 10th April 2024 at the latest on a split basis.
  • Intershop is a real estate company listed on the SIX Swiss Exchange and active in Switzerland, which invests principally in commercial properties.
  • As of 31/12/2023, its portfolio included 43 properties with a lettable area of approx.
  • Intershop invests mainly in the Zurich area, around Lac Leman and along the main traffic arteries.

EQS-News:  Newron enters into an agreement for the subscription of up to 2.05 million newly issued shares; Proceeds of up to EUR 15.0 million 

Retrieved on: 
Mercoledì, Aprile 10, 2024

Newron enters into an agreement for the subscription of up to 2.05 million newly issued shares; Proceeds of up to EUR 15.0 million

Key Points: 
  • Newron enters into an agreement for the subscription of up to 2.05 million newly issued shares; Proceeds of up to EUR 15.0 million
    The issuer is solely responsible for the content of this announcement.
  • Under the agreement, the fund subscribes to an initial 750,000 newly issued shares at a subscription price of EUR 7.33 per share, which corresponds to gross proceeds of approximately EUR 5.5 million.
  • In addition, the fund has a right to subscribe to an additional up to 1,300,000 newly issued shares until no later than January 31, 2025, at a subscription price to be calculated pursuant to an agreed formula.
  • “The investment by this specialist institutional fund is a validation of our strategy to develop innovative CNS therapies,” said Roberto Galli, CFO of Newron.

Julius Baer successfully places CHF 460 million domestic senior unsecured bonds

Retrieved on: 
Mercoledì, Aprile 10, 2024

Zurich, 19 March 2024 – Today, Bank Julius Baer & Co. Ltd., a wholly owned subsidiary of Julius Baer Group Ltd., has successfully placed 7-year CHF 460 million domestic senior unsecured bonds with Swiss investors.

Key Points: 
  • Zurich, 19 March 2024 – Today, Bank Julius Baer & Co. Ltd., a wholly owned subsidiary of Julius Baer Group Ltd., has successfully placed 7-year CHF 460 million domestic senior unsecured bonds with Swiss investors.
  • The securities carry a fixed-rate, annually payable coupon set at 2.375% per annum and have been issued in Swiss standard denominations of CHF 5,000 and multiples thereof.
  • The bonds are expected to be included in the domestic segment of the Swiss Bond Index (SBI).
  • This announcement is not and shall not be interpreted or construed as a solicitation to purchase any securities of/in Julius Baer Group.

Annual General Meeting of Intershop Holding AG approves all proposals of the Board of Directors

Retrieved on: 
Mercoledì, Aprile 10, 2024

71.35 percent of total shares respectively 92.11 percent of all shares registered in the share registrar with voting rights were represented at today's 61st Annual General Meeting of Intershop Holding AG.

Key Points: 
  • 71.35 percent of total shares respectively 92.11 percent of all shares registered in the share registrar with voting rights were represented at today's 61st Annual General Meeting of Intershop Holding AG.
  • All proposals tabled by the Board of Directors were approved.
  • During the subsequent meeting of the Board of Directors, Ernst Schaufelberger was appointed chairman of the Remuneration Committee.
  • Intershop is a real estate company listed on the SIX Swiss Exchange and active in Switzerland, which invests principally in commercial properties.

INFICON: AGM approves all motions as proposed by the Board of Directors

Retrieved on: 
Mercoledì, Aprile 10, 2024

The Annual General Meeting of INFICON Holding AG (SIX Swiss Exchange: IFCN), approved all the proposals made by the Board of Directors.

Key Points: 
  • The Annual General Meeting of INFICON Holding AG (SIX Swiss Exchange: IFCN), approved all the proposals made by the Board of Directors.
  • The General Meeting resolved to distribute CHF 20.00 per registered share for the year 2023 as ordinary dividend.
  • The AGM re-elected all Members of the Board of Directors (Dr.
  • The AGM approved all proposed changes to the Articles of Association.