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Phoenix Mecano completes share buyback programme via second trading line
Phoenix Mecano completes share buyback programme via second trading line
The share buyback programme on the second trading line has been completed. 39,592 registered shares were repurchased. This corresponds to 4.12% of the share capital. Phoenix Mecano intends to propose the cancellation of the shares repurchased via the second trading line and previously in a fixed-price procedure at the 2026 Annual General Meeting.
Stein am Rhein/Kloten, 17 November 2025. Phoenix Mecano has completed its share buyback programme, which was launched on 15 November 2023 and was limited to 14 November 2025, in the amount of up to CHF 29,606,209. A total of 39,592 shares were repurchased at an average price of CHF 450.77 on a second trading line on the SIX Swiss Exchange.
Previously, 1,073 registered shares had been repurchased as part of the fixed-price buyback offer that ended on 10 November 2023.
The total number of shares repurchased on the second trading line and in the fixed-price procedure corresponds to 4.23% of the current share capital.
Phoenix Mecano plans to propose the cancellation of the 40,665 registered shares repurchased under the two buyback programmes at the 2026 Annual General Meeting and thus reduce the capital accordingly.
Further information:
Phoenix Mecano Management AG
Dr Rochus Kobler / CEO
Lindenstrasse 23, CH-8302 Kloten
Telephone: +41 (0)43 255 4 255
https://www.phoenix-mecano.com
About Phoenix Mecano
The Phoenix Mecano Group is a global player in the enclosures and industrial components segments and is a leader in many markets. Headquartered in Stein am Rhein, Switzerland, the Group employs around 7,000 people worldwide and generated sales of EUR 779.5 million in 2024. It is geared towards the manufacture of niche products and system solutions for customers in the mechanical engineering, measurement and control technology, medical technology, aerospace technology, alternative energy, and home and hospital care sectors. Phoenix Mecano was founded in 1975 and has been listed on the Swiss stock exchange since 1988.