BFW Liegenschaften SFr42.09 million share buyback programme

12/2/2019
Public acquisition, Share buyback

SFr 42.09 million

$ 42.255 million

Completed

12/2/2019


Overview:

  • Real estate company BFW Liegenschaften completed its share buy back programme for a 20% of its share capital.
  • Its offer was for 953,351 listed registered class A shares. 
  • Upon closing, the company successfully tendered for 1,317,243 class A shares. These were reduced to a total of 953,351 listed class A shares, representing SFr42.09 million.
  • The repurchased shares were cancelled by way of share capital reduction.

Rajeeb Gurung - Researcher

Jurisdiction:

Switzerland

Deal types:

Public acquisition
Share buyback

Practice areas:

Capital markets : Equity
M&A

Industry sector:

Real estate


Firm:

Party: BFW Liegenschafte (Issuer)