3 Treasury shares
CHF 1,000 | 2012 | 2013 |
|---|---|---|
Treasury shares | 30,774 | 19,401 |
Allowance | – | – |
Balance at December 31 | 30,774 | 19,401 |
Shares (each share has a nominal value of CHF 0.10) | 2012 | 2013 |
Balance at January 1 | 639,631 | 546,590 |
Treasury shares issued based on employee participation plans | (93,041) | (157,785) |
Purchase of treasury shares | – | 60 |
Sale of treasury shares | – | (26,025) |
Balance at December 31 | 546,590 | 362,840 |
Average price of shares purchased, CHF | n/a | 100.00 |
Average price of shares sold, CHF | 69.82 | 86.88 |