Share Indicators
| Units | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Share capital1 (registered shares with a par value of CHF 1.00) | CHF | 960 500 | 960 500 | 960 500 | 960 500 | 960 500 |
| Treasury shares1 | Number | 42 565 | 24 617 | 5 453 | 86 | 189 |
| Shares entitled to dividend | Number | 917 935 | 935 883 | 955 047 | 960 414 | 960 311 |
| Operating result per share2 | EUR | 51,8 | 55,0 | 65.0 | 55.8 | 46.1 |
| Result of the period per share2 | EUR | 34,6 | 39,1 | 47.6 | 40.6 | 31.6 |
| Equity per share2 | EUR | 298,3 | 309,6 | 298.1 | 272.1 | 249.9 |
| Free cash flow per share2 | EUR | – 6,1 | 21,3 | 60.3 | 12.4 | 28.0 |
| Dividend | CHF | 19.50 4 | 19.00 | 30.00 | 16.50 | 15.00 |
| Market price High Low Year-end price | CHF CHF CHF | 472 396 446 | 536 414 425 | 441 328 434 | 421.50 294 329 | 502 396 405.50 |
| Market capitalisation | CHF million | 428.4 | 408,2 | 416.9 | 316.0 | 389.5 |
| Dividend yield3 | % | 4,4 5 | 4,5 | 6.9 6 | 5.0 | 3.7 |
| Total shareholder return | % | 9,4 | 4,8 | 36.9 6 | –15.2 | –11.0 |
| Payout ratio4 | % | 60 5 | 51 | 65 6 | 40 | 44 |
| Price/profit ratio 31 December | 13,7 | 11,4 | 9.4 | 8.1 | 11.9 |
1 Pursuant to the resolution passed by the Annual General Meeting on 21 May 2026, 40,665 shares were cancelled. The share capital currently comprises 919,835 shares.
2 Based on shares entitled to dividend as at 31 December.
3 Dividend in relation to year-end price.
4 Dividend (shares entitled to dividend only) in relation to result of the period.
5 Proposal to the Shareholders’ General Meeting of 21 May 2026.
6 Dividend of CHF 18.00 plus special dividend of CHF 12.00.
Conversion into registered shares
On 17 May 2023, Phoenix Mecano AG's General Meeting of Shareholders decided to convert the company's bearer shares into registered shares. For the exchange, the previous bearer shares (Valor 218781 / ISIN CH0002187810 / Ticker: PM) were delisted and cancelled. Instead, new registered shares (Valor 126133810 / ISIN CH1261338102 / Ticker: PMN) were issued and allocated to the shareholders in a ratio of 1:1. The exchange has been completed as of May 31, 2023 and the new registered shares are tradable on the SIX Swiss Exchange.
Aktienrückkaufprogramm
Die Aktienrückkaufprogramme vom 26. Oktober 2023 und 15. November 2023 sind abgeschlossen. Insgesamt erwarb Phoenix Mecano 40 665 eigene Aktien. Diese Aktien wurden gemäss Beschluss der Generalversammlung vom 21. Mai 2026 vernichtet. Aktuell umfasst das Aktienkapital 919 835 Aktien im Wert von je CHF 1.00.
Dividend Policy and Proposal
Phoenix Mecano strives to achieve a payout ratio of 40% to 50% of the result of the period, adjusted for special factors. As a growth-oriented enterprise, the company relies upon the steady growth of its capital base. Phoenix Mecano returns capital not required for business development to its shareholders:
- Dividends
- Par value reduction as a tax-free investment payout
- Share buybacks with subsequent share cancellation
Analyst Coverage
Below is an overview of the analysts who regularly monitor our business performance:
| Bank | Contact |
| UBS | Joern Iffert joern.iffert@ubs.com |
| Zürcher Kantonalbank | Michael Inauen michael.inauen@zkb.ch |
| Research Partners | Reto Huber reto.huber@researchpartners.ch |
| Baader Europe | Louis Billon l.billon@alphavalue.eu |
Investor Informations
For any further information please contact:

Investor Relations
Rochus Kobler, CEO
Phone +41-(0)43-255 4 255
info@phoenix-mecano.com

Corporate Communications/Investor Relations
Philipp Eberhard
Phone +41-(0)43-255 4 255
communications@phoenix-mecano.com
Phoenix Mecano Management AG
Lindenstrasse 23
8302 Kloten
Switzerland