Credit Suisse announces $1 billion 2020 share buyback programme
January 28, 2022
Finance

Credit Suisse announces $1 billion 2020 share buyback programme

ZURICH- Credit Suisse said on Friday it expects to buy back at least 1 billion Swiss francs (£784.5 million) worth of shares until the end of 2020, subject to market and economic conditions, after completing a similar programme last year.

In 2019, Credit Suisse repurchased nearly 80 million shares on a second trading line on SIX Swiss Exchange for a total of just over 1 billion francs at an average purchase price per share of 12.53 francs.

(Content and photos syndicated via Reuters)

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