Bonds
SGS SA bond issuances.
| Date of issue | Face value in CHF million | Coupon in % | Year of maturity | Issue price in % | Redemption price in % |
|---|---|---|---|---|---|
| 10.29.2018 | 175 | 1.250 | 2028 | 101.157 | 100.000 |
| 10.29.2018 | 225 | 0.750 | 2025 | 100.068 | 100.000 |
| 03.03.2017 | 375 | 0.550 | 2026 | 100.153 | 100.000 |
| 05.08.2015 | 225 | 0.875 | 2030 | 100.245 | 100.000 |
| 05.08.2015 | 325 | 0.250 | 2023 | 100.079 | 100.000 |
| 04.25.2014 | 112 | 1.375 | 2022 | 101.533 | 100.000 |
| 02.27.2014 | 250 | 1.750 | 2024 | 101.019 | 100.000 |
| 02.27.2014 | 138 | 1.375 | 2022 | 100.517 | 100.000 |
| 05.27.2011 | 275 | 3.000 | 2021 | 100.480 | 100.000 |
| 03.08.2011 | 375 | 2.625 | 2019 | 100.832 | 100.000 |
Capital Structure
The share capital of SGS SA amounts to CHF 7 495 032 as of 31 December 2021 and comprises 100% fully, paid-in, registered shares of a par value of CHF 1. On 31 December 2021, SGS SA held 3 360 treasury shares through an affiliate company (2020: 96 494).
In 2021, SGS SA proceeded to a capital reduction of 70 700 shares to cancel shares purchased by application of share buyback programs initiated by the Company. During this period no shares were repurchased whilst 22 434 shares were released into circulation following vesting of equity compensation plans.
The Board of Directors has the authority to increase the share capital of the Company by a maximum of 500 000 registered shares with a par value of CHF 1 each, corresponding to a maximum increase of CHF 500 000 in share capital, using market conditions prevailing at the time of issue. Additionally, the shareholders have conditionally approved an increase of share capital by an amount of CHF 1 100 000 divided into 1 100 000 registered shares with a par value of CHF 1 each.
Significant Shareholders
| Shareholder | % |
|---|---|
| Serena (Groupe Bruxelles Lambert) | 19.11% |
Dividend Dates
| Tuesday, March 29 2022 | AGM |
| Thursday, March 31 2022 | Ex-date |
| Friday, April 1 2022 | Record date |
| Monday, April 4 2022 | Payment date |
Dividend Per Share
| Year | Dividend | Special |
|---|---|---|
| 2021 | tbc | |
| 2020 | 80 | |
| 2019 | 80 | |
| 2018 | 78 | |
| 2017 | 75 | |
| 2016 | 70 | |
| 2015 | 68 | |
| 2014 | 68 | |
| 2013 | 65 | |
| 2012 | 30 | 28 |
| 2011 | 30 | 35 |
| 2010 | 30 | 35 |
| 2009 | 30 | 30 |
| 2008 | 35 | 15 |
| 2007 | 25 | 10 |
| 2006 | 20 | |
| 2005 | 31 | |
| 2004 | 12 | |
| 2003 | 9 | |
| 2002 | 6 | 1.25 |
Share Buyback
2022 Share Buyback Program
SGS SA announced the end of its share buyback program. The buyback program started on June 21, 2022 and ended on December 21, 2022.
113,499 registered shares were repurchased on a second trading line on SIX Swiss Exchange, for a total amount of CHF 250 million (equivalent to 1.51% of the current share capital of SGS SA), at an average purchase price of CHF 2,202.66 per share.
SGS SA intends to request shareholders to approve the cancellation of the 113,499 registered shares purchased on the second trading line at its 2023 Annual General Meeting.
SGS Analyst Coverage
SGS is followed by the analysts listed here. Please note that any opinions, estimates or forecasts regarding SGS’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of SGS or its management.
SGS does not by its reference or distribution imply its endorsement of or concurrence with such information, conclusions, or recommendations.
| Company | Analyst |
|---|---|
| AlphaValue | Kulwinder Rajpal |
| Bank of America | Kate Carpenter |
| Barclays | Paul Sullivan |
| Bryan, Garnier & Co | Bruno de la Rochebrochard |
| Citigroup | Arthur Truslove |
| Deutsche Bank | Dominic Edridge |
| Goldman Sachs | Suhasini Varanasi |
| Jefferies International | Allen Wells |
| JP Morgan | Sylvia Barker |
| Kepler Cheuvreux | Pablo Cuadrado |
| Morgan Stanley | Annelies Vermeulen |
| Morningstar | Michael Field |
| Oddo Securities | Geoffroy Michalet |
| RBC Capital Markets | Karl Green |
| Redburn | Neil Tyler |
| Société Générale | Will Kirkness |
| Stifel | Simon Lechipre |
| UBS | Rory McKenzie |
| Zürcher Kantonalbank | Daniel Buerki |