Swiss Life SFr1 billion share buyback programme

28/11/2018
Share buyback

SFr 1 billion

$ 1.012 billion

Announced

28/11/2018


Overview:

  • Insurance company Swiss Life has undertaken share buyback programme that is due to last until the end of 2019.
  • Each shares will be bought at a price of SFr5.10 and has a maximum repurchase value of SFr1 billion.

Rajeeb Gurung - Researcher

Jurisdiction:

Switzerland

Deal type:

Share buyback

Practice area:

Capital markets : Equity

Governing law:

Switzerland

Industry sector:

Insurance


Firm:

Party: Swiss Life (Issuer)