on Lonza Group AG (isin : CH0013841017)
Lonza Completes its CHF 2 Billion Share Buyback Program
On April 1, 2025, Lonza Group AG announced the successful completion of its CHF 2 billion share buyback program initiated on April 3, 2023. Throughout the program, Lonza repurchased 4,239,731 shares on the SIX Swiss Exchange at an average price of CHF 471.7279 each.
The company's Board of Directors intends to cancel the shares acquired through the buyback. This decision reflects Lonza's commitment to managing shareholder value effectively. The buyback was conducted via a second trading line on the exchange, emphasizing financial strategy.
Lonza maintains a significant presence globally, supporting the healthcare industry through its vast contract development and manufacturing network. The firm's financial summary for 2024 reported sales of CHF 6.6 billion with a CORE EBITDA of CHF 1.9 billion.
R. P.
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