|
2016 |
2015 |
||
Holdings at 1 January |
9 195 810 |
12 087 920 |
||
Shares purchased at fair market value |
819 813 |
1 016 761 |
||
Shares sold to counterparty out of options (management options 2010) |
— |
–2 077 650 |
||
Shares sold at fair market value |
–1 240 318 |
–1 016 741 |
||
Shares transferred to employees |
–887 577 |
–814 480 |
||
Holdings on 31 December |
7 887 728 |
9 195 810 |
Each registered share has a par value of CHF 3.70 (2015: CHF 3.70).
The average price of shares bought in 2016 was CHF 18.26 (2015: CHF 20.69).
The average price of shares sold in 2016 was CHF 18.06 (2015: CHF 17.19).
The profit or loss from the sale of own shares is recorded in the income statement as other income or other expenses.