Swiss Re completes public share buy-back programme 2017
• 2017 share buy-back programme completed as of 16 February 2018 • Programme was launched as a way to return excess capital to shareholders
Swiss Re announces that it has completed the 2017 public share buy-back programme of up to CHF 1.0 billion purchase value, authorised by the Annual General Meeting on 21 April 2017 and which it launched on 3 November 2017.
Since 3 November 2017, Swiss Re has repurchased 10 832 816 of its shares for a total purchase value of CHF 999 999 975.78 at an average purchase price of CHF 92.31 per share.
The public share buy-back programme was established to achieve the objective of returning capital to shareholders, in accordance with Swiss Re's capital management priorities.
Information about the completed buy-back programme is available under the following link:
http://www.swissre.com/investors/shares/share_buyback/