on Sonova Holding AG (isin : CH0012549785)
Sonova Completes 2022-25 Share Buyback Program
Sonova Holding AG, a prominent provider of hearing care solutions, has successfully concluded its 2022-25 share buyback program. Initiated on April 19, 2022, the program saw the repurchase of 1,532,910 registered shares at an average price of CHF 273.86 per share. This amounts to 2.427% of the company’s share capital at the program's onset, totaling approximately CHF 419.8 million.
The shares were acquired on the SIX Swiss Exchange for capital reduction, following approval during Annual General Shareholders’ Meetings. Sonova's initiative aligns with its strategic financial management, reflecting their commitment to maintaining shareholder value.
R. E.
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