Based on the authorization resolution of the ordinary shareholders' meeting of 17 May 2023, the board of directors of Alpine Select has decided to launch a new share buyback program via a second trading line.

Starting 27 October 2023 (first trading day) a maximum of 783,891 registered shares or equal to a maximum of 9 % of the share capital registered in the commercial register will be puchased for cancellation purposes.

At the proposal of the board of directors, the Ordinary Shareholders’ Meeting of Alpine Select held on 19 May 2025 authorized the board of directors to extend the Buyback program 2023 until 25 October 2026. With the prolongation of the Buyback program 2023, the maximum number of shares to be repurchased remains at 783,891 treasury shares (corresponding to 9% of the share capital). During the extension of the Buyback program 2023, a further maximum number of 595,740 Alpine Select shares can be bought back. The actual number of shares bought back will be determined by Alpine Select's freely available liquidity on the one hand and by the supply on the second trading line on the other hand. The board of directors will propose to the shareholders' meeting, which will take place after the conclusion of the buyback program, a capital reduction by cancellation of all shares repurchased under the extended share Buyback program 2023.

The maximum buyback volume per day is 14,380 shares (calculated pursuant to Art. 123 para. 1 lit. c FinMIO).

Click below for an overview on the progession of, and on the transactions made in own shares, during the share buyback program 2023 - 2026

The Ordinary Shareholders' Meeting of Alpine Select held on 20 May 2020 authorized the board of directors to repurchase up to 10% of the share capital in the period up to the ordinary shareholders' meeting in 2022 for the subsequent definitive cancellation of the shares through a capital reduction. Based on this authorization the board of directors launched the buyback program 2020 – 2022 by publishing the buyback notice on 24 June 2020 (“Buyback program 2020”). Alpine Select can acquire up to a maximum of 925,797 registered shares under the Buyback program 2020. As of 27 May 2022, Alpine Select has acquired a total of 397,202 treasury shares under the Buyback program 2020, equalling 4.29% of the share capital.

At the proposal of the board of directors, the Ordinary Shareholders’ Meeting of Alpine Select held on 18 May 2022 authorized the board of directors to extend the Buyback program 2020 until 31 May 2023. With the prolongation of the Buyback program 2020, the maximum number of shares to be repurchased remains at 925,797 treasury shares (corresponding to 10% of the share capital). During the extension of the Buyback program 2020, a further maximum number of 528,595 Alpine Select shares can be bought back. The actual number of shares bought back will be determined by Alpine Select's freely available liquidity on the one hand and by the supply on the second trading line on the other hand. The board of directors will propose to the ordinary shareholders' meeting 2023 a capital reduction by cancellation of all shares purchased within the prolonged Buyback program 2020.

The share buyback program approved by the ordinary shareholders’ meeting held on 20 May 2020 and extended by one year by the ordinary shareholders’ meeting on 18 May 2022 expired on 31 May 2023. During this period, Alpine Select repurchased a total of 548,070 treasury shares. At the ordinary shareholders’ meeting held on 17 May 2023, the shareholders approved the cancellation of the 548,070 treasury shares and the corresponding reduction of the share capital. The share capital now amounts to CHF 174,198.00.

Click here for an overview on the transactions made in own shares during the 2020 - 2023 share buyback program.