On October 30, 2024, Zurich Insurance Group completed its share buyback program of up to CHF 1.1 billion that was launched on June 17, 2024.
The program was for capital reduction purposes and was executed on a second trading line on the SIX Swiss Exchange.
Under the program, Zurich repurchased 2,221,529 of its shares for a total purchase value of CHF1.1bn at an average purchase price of CHF 495.15.
The board of directors of Zurich intends to use the capital band to cancel the shares repurchased under the program.
