3 Treasury shares

CHF 1,000

2013

2014

Treasury shares

19,401 

 15,297 

Allowance

 – 

 

 

 

Balance at December 31

19,401 

 15,297 

Shares (each share has a nominal value of CHF 0.10)

2013

2014

Balance at January 1

 546,590 

 362,840 

Treasury shares issued based on employee participation plans

 (157,785) 

 (76,695) 

Purchase of treasury shares

60

Sale of treasury shares

(26,025)

 (125) 

 

 

 

Balance at December 31

362,840 

 286,020 

 

 

 

Average price of shares purchased, CHF

100.00

Average price of shares sold, CHF

86.88

106.55