7 SHAREHOLDERS’ EQUITY AND EMPLOYEE PARTICIPATION PLANS
7.1 MOVEMENTS IN SHARES ISSUED AND OUTSTANDING
| Shares issued | Treasury shares | Shares outstanding |
Shares (each share has a nominal value of CHF 0.10) |
|
|
|
Balance at January 1, 2024 | 12,783,087 | - | 12,783,087 |
New shares issued based on employee participation plans | 39,622 | - | 39,622 |
Purchase of treasury shares | - | (34,100) | (34,100) |
|
|
|
|
Balance at June 30, 2024 | 12,822,709 | (34,100) | 12,788,609 |
|
|
|
|
Balance at January 1, 2025 | 12,825,883 | (100,000) | 12,725,883 |
Purchase of treasury shares | - | (50,000) | (50,000) |
Treasury shares issued based an employee participation plans | - | 24,216 | 24,216 |
|
|
|
|
Balance at June 30, 2025 | 12,825,883 | (125,784) | 12,700,099 |
7.2 DIVIDENDS PAID
| 2024 | 2025 |
Number of shares eligible for dividend and payout | 12,773,441 | 12,675,241 |
Dividends paid (CHF/share) | 1.50 | 1.50 |
Payout from statutory capital contribution reserve (CHF/share) | 1.50 | 1.50 |
7.3 EMPLOYEE SHARE OPTION PLANS
(See note 9.4.1 of the consolidated financial statements 2024 for the terms and principal conditions)
Movements in employee share options:
|
| 2024 | 2025 |
Employee share options |
|
|
|
Balance at January 1 |
| 59,059 | 69,221 |
Exercised |
| (3,893) | (58) |
Forfeited or expired |
| (1,188) | (3,590) |
|
|
|
|
Balance at June 30 |
| 53,978 | 65,573 |
|
|
|
|
Thereof exercisable at period-end |
| 30,797 | 35,685 |
7.4 EMPLOYEE SHARE PLANS (PERFORMANCE SHARE MATCHING PLANS [PSMP] AND OTHER SHARE PLANS)
(See note 9.4.2 of the consolidated financial statements 2024 for the terms and principal conditions)
Movements in employee shares:
|
|
| 2024 | 2025 |
Employee shares |
|
|
|
|
Balance at January 1 |
|
| 95,977 | 107,862 |
PSMP Management | Plan 2021 and 2022 | Matching shares vested and transferred | (22,058) | - |
PSMP Management | Plan 2024 and 2025 | Initial shares granted and transferred (blocked) | 12,771 | 22,950 |
PSMP Management | Plan 2024 and 2025 | Maximum of matching shares granted | 31,928 | 56,745 |
PSMP Management | All plans | Matching shares forfeited | (2,363) | (27,202) |
PSMP Management | All plans | Shares deblocked | (26) | (92) |
Board of Directors | Plan 2023 and 2024 | Shares vested and transferred | (937) | (1,208) |
Board of Directors | Plan 2024 and 2025 | Shares granted | 1,208 | 1,940 |
|
|
|
|
|
Balance at June 30 |
|
| 116,500 | 160,995 |
|
|
|
|
|
Thereof vested and transferred, but blocked until the end of the performance period | 33,822 | 46,837 | ||