Sonova concludes 2022-25 share buyback
- Sonova completes 2022-25 share buyback program.
- 1.53 million shares repurchased for CHF 419.8 million.
- Capital reduction approved by shareholders during program.
Sonova Holding AG / Key word(s): Share Buyback Investor Release |
Stäfa (Switzerland), April 17, 2025 – Sonova Holding AG (SWX: SOON), a leading provider of hearing care solutions, today announces the conclusion of its 2022-25 share buyback program, which was announced on April 14, 2022.
Since initiating the share buyback program 2022-2025 on April 19, 2022, a total of 1,532,910 registered shares with a nominal value of CHF 0.05 each were repurchased at an average price paid per share of CHF 273.86, corresponding to 2.427% of the share capital when the share buyback program was launched. The value of the shares repurchased was approx. CHF 419.8 million. The registered shares were repurchased on SIX Swiss Exchange on a second trading line.
The shares were repurchased for the purpose of capital reduction, which was carried out following approval by Annual General Shareholders’ Meetings during the program’s duration.
Details on the share buyback programs and the buyback notices are accessible on the following website:
https://www.sonova.com/en/share-buyback-programs
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About Sonova
Sonova is a global leader in innovative hearing care solutions: from personal audio devices and wireless communication systems to audiological care services, hearing aids and cochlear implants.
The Group was founded in 1947 and is headquartered in Stäfa, Switzerland.
Sonova operates through four businesses – Hearing Instruments, Audiological Care, Consumer Hearing and Cochlear Implants – and the core brands Phonak, Unitron, AudioNova, Sennheiser (under license) and Advanced Bionics as well as recognized regional brands. The Group’s globally diversified sales and distribution channels serve an ever growing consumer base in more than 100 countries.