The Board of Directors of Julius Baer Group Ltd., Bahnhofstrasse 36, 8001 Zurich, (“Julius Baer” or the “Company”) has approved on 1 February 2022 to buy back own registered shares with a nominal value of CHF 0.02 (the “registered shares”) of up to a maximum acquisition cost of CHF 400 million until 28 February 2023 at the latest (the “share buy-back programme”).
Based on the closing price of the registered shares on SIX Swiss Exchange Ltd. on 25 February 2022, this corresponds to a maximum of 7,241,129 registered shares or a maximum of 3.27% of the share capital of the Company, which amounts to currently CHF 4,424,488.96 and is divided into 221,224,448 registered shares with a nominal value of CHF 0.02 each. Due to the future share price development, the number of effectively repurchased registered shares may differ from the stated number of registered shares; however, under no circumstances will more than 10% of the share capital and voting rights entered in the commercial register be repurchased under the share buy-back programme.
The Board of Directors intends to propose a capital reduction by cancelling share capital in the amount of the buyback volume under this share buy-back programme at future annual general meetings.
Further details on the programme can be found in the official announcements, which can be accessed using the following links:
Notice: The cancellation of the 7,423,208 Julius Baer Group Ltd. shares bought back under the 2021 share buy-back programme was executed effective 27 June 2022, resulting in the number of shares issued to decrease to 213,801,240.
Julius Baer registered shares on the second line
|Julius Baer Group Ltd.||Swiss Securities No||ISIN||Ticker|
|Ordinary trading line||10.248.496||CH0102484968||BAER|
|Second trading line||12.664.577||CH0126645776||BAERE|
Publication of transactions
Share buy-back transactions will be reported on a regular basis under the following link:
Maximum daily repurchase volume
Julius Baer is limited to repurchasing maximum of 190,756 shares per day (calculated in accordance with TOB Circular No. 1 [23a]).
Previous share buy-back programmes