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Nestlé Completes SFr8 Billion Share Buyback Programme

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Nestlé Completes SFr8 Billion Share Buyback Programme

Nestlé Completes SFr8 Billion Share Buyback Programme
December 08
12:01 2015

Nestlé has completed its SFr8 billion (€7.4 billion) share buyback programme initiated on 25 August 2014. Since 25 August 2014, Nestlé has repurchased 112,640,000 of its shares for a total of SFr8 billion at an average purchase price per share of SFr 71.02. 

36,400,000 repurchased shares were cancelled by the Annual General Meeting held on 16 April 2015 and the share capital of Nestlé was reduced to SFr318,840,000. The 2016 Annual General Meeting of Nestlé will decide upon the cancellation of the remaining 76,240,000 repurchased shares.

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