Share Repurchase Program
Under the share repurchase programs, shares are repurchased via a 'second trading line' on virt-x exclusively by Credit Suisse Group. All shares repurchased over the second trading are subsequently cancelled following the approval of the Annual General Meeting. The share capital will be reduced accordingly.
Currently, Credit Suisse has no active share repurchase program.
Share Repurchase Program 2007-2010 (terminated)
On May 4, 2007, the Annual General Meeting approved the buyback of own shares of up to a maximum of CHF 8 billion of purchase value.
On October 16, 2008, Credit Suisse Group terminated this program, having repurchased and cancelled a total of 49.7 million shares for CHF 4.1 billion, or 52%, of the approved CHF 8 billion.
The attached files (PDF and Excel format) show a weekly summary of the total number of shares repurchased via the second trading line, the repurchase amount in CHF as well as the average price paid per share.
| Weekly activity summary | Size |
|
|---|---|---|
| Share Repurchase Program 2007-2010 (PDF) | 107 KB | |
| Share Repurchase Program 2007-2010 (XLS) | 82 KB | |
Share Repurchase Program 2005-2007 (completed)
On March 16, 2007, Credit Suisse Group announced that it has successfully completed the share repurchase program initiated on May 9, 2005. Credit Suisse Group repurchased 87,789,000 of its shares. This corresponds to a total repurchase value of CHF 6 billion.| Weekly activity summary | Size |
|
|---|---|---|
| Share Repurchase Program 2005-2007 (PDF) | 103 KB | |
| Share Repurchase Program 2005-2007 (XLS) | 85 KB | |