SGS SA announces 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.
We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for quality and integrity. Our 96,000 employees operate a network of 2,700 offices and laboratories, working together to enable a better, safer and more interconnected world.