21. Capital stock and treasury shares
As at 31 December 2025, the share capital of Geberit AG consists of 33,922,404 ordinary shares with a par value of CHF 0.10 each.
|
|
2025 |
|
2024 |
|---|---|---|---|---|
|
|
pcs. |
|
pcs. |
Issued shares |
|
|
|
|
1 January |
|
35,189,082 |
|
35,189,082 |
Capital reduction |
|
-1,266,678 |
|
0 |
Total issued shares as per 31 December |
|
33,922,404 |
|
35,189,082 |
On 20 June 2024, Geberit AG concluded its share buyback programme, which was started on 20 June 2022. By 20 June 2024, 1,266,678 registered shares in the amount of MCHF 600 – corresponding to 3.6% of the share capital entered in the Commercial Register – were repurchased under this programme. The share buyback was conducted via a separate trading line on the SIX Swiss Exchange for the purpose of a capital reduction. The shares repurchased under this programme were cancelled in April 2025.
On 2 September 2024, a new share buyback programme was launched. Shares amounting to a maximum value of MCHF 300 will be repurchased over a maximum period of two years. Based on the closing price of Geberit registered shares on 31 December 2025, this corresponds to around 510,000 registered shares or 1.5% of the share capital currently entered in the Commercial Register. The shares will be repurchased via a separate trading line on the SIX Swiss Exchange for the purpose of a capital reduction. As at 31 December 2025, 229,398 shares had been repurchased for a total value of MCHF 126.2 under this programme.
|
|
2025 |
|
2024 |
|---|---|---|---|---|
|
|
pcs. |
|
pcs. |
Stock of treasury shares |
|
|
|
|
From share buyback programme 2024–2026 |
|
229,398 |
|
84,167 |
From share buyback programme 2022–2024 |
|
0 |
|
1,266,678 |
Total from share buyback programmes |
|
229,398 |
|
1,350,845 |
Other treasury shares |
|
719,278 |
|
900,744 |
Total treasury shares |
|
948,676 |
|
2,251,589 |
The entire stock of treasury shares on 31 December 2025 amounted to 948,676 (PY: 2,251,589) with a carrying amount of MCHF 523.8 (PY: MCHF 1,143.1). Treasury shares are deducted from equity at historical cost.
For transactions in connection with the participation plans, see Note 17.