Lindt & Sprüngli Successfully Concludes Share Buyback Program Ahead of Schedule

Chocoladefabriken Lindt & Sprüngli AG announced the completion of its share buyback program on March 18, 2024, which initially began on August 2, 2022. The program concluded ahead of its planned schedule, demonstrating the company's efficient execution of financial strategies.

The total buyback encompassed 931 registered shares and 86,430 participation certificates, culminating in a collective buyback volume of CHF 997,801,400. This transaction took place through the secondary trading lines on the SIX Swiss Exchange, aligning with the company's tactical approach to financial management.

Following the buyback, a capital reduction was sanctioned during the ordinary general meeting on April 20, 2023, which led to the cancellation of 200 registered shares and 23,100 participation certificates acquired by the end of 2022. Lindt & Sprüngli plans to propose a further capital reduction for the remaining shares and certificates bought back at the forthcoming ordinary general meeting dated April 18, 2024.