Treasury shares
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Number of treasury shares | ||||||
| As of 1 January | 4 426 | 9 266 | ||||
| Additions | 5 709 | 16 241 | ||||
| Disposals | (4 426) | (21 081) | ||||
| As of 31 December | 5 709 | 4 426 | ||||
| Initial value of treasury shares | in CHF 000 | |||||
| As of 1 January | 327 | 914 | ||||
| Additions | 670 | 1 475 | ||||
| Disposals | (327) | (2 062) | ||||
| As of 31 December | 670 | 327 | ||||
| Market value | 893 | 313 | ||||
| Paid/received prices | in CHF | |||||
| Additions (weighted average) | 117.04 | 90.84 | ||||
| min. | 77.13 | 63.60 | ||||
| max. | 162.43 | 106.51 | ||||
| Disposals (weighted average) | 73.89 | 97.82 | ||||
| min. | 73.89 | 92.34 | ||||
| max. | 73.89 | 98.62 |
The year-end price of treasury shares was CHF 156.4, compared with CHF 70.8 at the end of the previous year. Share price changes over time can be seen in the chart on page 46.
As part of the profit participation programme for Group Management (see also Note 40), 4,426 treasury shares with a total value of CHF 0.3 million were issued. In total, 5,709 additional treasury shares were purchased in the 2021 financial year.