Swiss Re Completes Public Share Buy-Back Program 2018

Swiss Re announces that it has completed the 2018 public share buy-back program of up to CHF 1.0 billion purchase value, authorized by the Annual General Meeting on 20 April 2018 and which it launched on 7 May 2018.

Source: Swiss Re | Published on February 18, 2019

Since 7 May 2018, Swiss Re has repurchased 11 214 761 of its shares for a total purchase value of CHF 999 999 983.08 at an average purchase price of CHF 89.17 per share.

The public share buy-back program was established to achieve the objective of returning capital to shareholders, in accordance with Swiss Re's capital management priorities.