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Julius Baer completes share buy-back programme

Published by Uma Rajagopal

Posted on March 1, 2023

1 min read

· Last updated: February 2, 2026

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Julius Baer logo in Zurich, highlighting their recent share buy-back program - Global Banking & Finance Review
The image showcases the Julius Baer logo in Zurich, symbolizing the bank's recent completion of a CHF 400 million share buy-back program, emphasizing its financial strategy and commitment to shareholders.
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ZURICH (Reuters) – Julius Baer said on Wednesday it has completed the 400 million Swiss franc ($425.35 million) share buy-back program it launched in March 2022. As part of the program, the Swiss bank repurchased almost 8 million shares at an average price per share of CHF 51.29. The cancellation of the bought back shares […]

ZURICH (Reuters) – Julius Baer said on Wednesday it has completed the 400 million Swiss franc ($425.35 million) share buy-back program it launched in March 2022.

As part of the program, the Swiss bank repurchased almost 8 million shares at an average price per share of CHF 51.29. The cancellation of the bought back shares will be proposed at the upcoming Annual General Meeting, the bank said.

($1 = 0.9404 Swiss francs)

(Reporting by Noele Illien; Editing by Kim Coghill)

Frequently Asked Questions

What is a share buy-back?
A share buy-back is when a company purchases its own shares from the marketplace, reducing the number of outstanding shares. This can increase the value of remaining shares and improve financial ratios.
What is an Annual General Meeting (AGM)?
An Annual General Meeting (AGM) is a yearly gathering of a company's shareholders to discuss the company's performance, elect board members, and make decisions on corporate matters.
What is the significance of share cancellation?
Share cancellation is the process of removing shares from circulation, which can enhance the value of remaining shares and improve earnings per share (EPS) for existing shareholders.
What is the average price per share?
The average price per share is calculated by dividing the total cost of shares purchased by the number of shares bought. It helps investors understand the cost basis of their investment.

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