Dufry Share Buyback
The share buyback program described below has been early completed at the end of October 2018 with the buyback of 3.3 million Dufry shares in the market for a total amount of CHF 401.9 million. The company intends to cancel all repurchased shares at the Ordinary Annual General Meeting 2019.
Dufry AG announced on April 5, 2018 that it is to carry out a share buyback program of up to CHF 400 million over a period of up to 12 months for the purposes of capital reduction. The execution and the volume of the share buybacks depend on market conditions.
Maximum daily repurchase volume
61,642 shares, calculated in accordance with Art. 123(1)(c) of the Swiss Federal Financial Markets Infrastructure Ordinance.
Taxes and duties
Swiss taxation: please refer to the notice below. For shareholders selling their shares on the ordinary trading line, the sale is subject to Swiss stamp duty. The fees of SIX Swiss Exchange AG will also be due.
Persons domiciled abroad are taxed in accordance with the applicable law of the country concerned.
For further details please refer to the Notice below.
This offer is not made in the United States of America and to U.S. persons and may be accepted only by Non-U.S. persons and outside the United States. Offering materials with respect to this offer must not be distributed in or sent to the United States and must not be used for the purpose of solicitation of an offer to purchase or sell any securities in the United States.
The buyback program is exclusively subject to and regulated by Swiss law. This is not an offer to purchase Brazilian Depositary Receipts (BDRs) of Dufry.