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Current share buyback program
As announced on November 17, 2014 the Board of Directors of Sonova Holding AG has decided to initiate a share buyback program with a maximum overall value of CHF 500 million for the purpose of a reduction in capital. The shares will be repurchased via a second trading line over a period of up to three years until the end of 2017. Shares sold via the second trading line are subject to the Swiss federal withholding tax of 35% on the difference between the repurchase price and the nominal value of CHF 0.05.
You can find detailed information on the share buyback program in the official notices (German, French).
The maximum buyback volume per day in accordance with art. 55b para. 1 lit. c of the Stock Exchange Ordinance (SESTO) is 50,754 shares.
The transactions conducted as part of the share buyback program can be viewed in the document below.