03-Jan-2020 - Nestlé S.A.

Nestlé completes CHF 20 billion share buyback program

Start new share buyback program of up to CHF 20 billion

Nestlé S.A. today announced that it has completed its 20 billion share buyback program initiated on July 4, 2017. Since July 4, 2017, Nestlé has repurchased 225,186,059 of its shares for a total of CHF 20 billion at an average purchase price per share of CHF 88.82.

A total of 136,160,000 repurchased shares were cancelled by the Annual General Meetings held on April 12, 2018 and on April 11, 2019. As a result, the share capital of Nestlé S.A. was reduced to currently CHF 297,600,000. The Annual General Meeting 2020 of Nestlé S.A. will decide upon the cancellation of the remaining 89,026,059 repurchased shares.

Nestlé S.A. will start a new share buyback program of up to CHF 20 billion as announced on October 17, 2019. Nestlé plans to commence repurchases on or after January 3, 2020. The new share buyback program shall be completed by the end of December 2022. Concurrently with this press release, Nestlé has published the details of the program in a buyback notice. The volume of monthly share buybacks will depend on market conditions. Should any extraordinary dividend payments or sizeable acquisitions take place during this period, the amount of the share buyback will be reduced accordingly.

Facts, background information, dossiers
  • shares
  • acquisitions
More about Nestlé
  • News

    Nestlé invests USD 340 million in new Nescafé coffee factory in Mexico

    Nestlé has opened a new Nescafé coffee factory in Veracruz, Mexico. With an investment of USD 340 million, the plant creates 1,200 new jobs in the region and makes Mexico Nestlé's main coffee producer globally. Special guest Andrés Manuel López Obrador, the President of Mexico, attended the ... more

    The coolest thing in coffee?

    Nestlé is creating a buzz in the ice cream world with the first product launch featuring Nescafé, which breaks new ground by using real coffee in both the coating and the ice cream core, as opposed to coffee flavors. The coating or 'ganache' that covers the Nescafé Gold Cappuccino Ice Cream ... more

    Nestle again supplies USA with tons of baby milk powder

    Swiss food company Nestlé is again selling the U.S. 28,200 cans of powdered baby milk. The more than 22 tons of product would be sourced from Nestlé Germany, the U.S. Food and Drug Administration announced Thursday. It said the U.S. Department of Health and Human Services was currently look ... more

  • Companies

    Nestlé Deutschland AG

    Nestlé is committed to enhancing the quality of consumers' lives through nutrition, health and wellness. Our mission of "Good Food, Good Life" is to provide the best tasting, most nutritious choices in a wide range of food and beverage categories and eating occasions, from morning to night. ... more

    Nestlé S.A.

    Nestlé is committed to enhancing the quality of consumers' lives through nutrition, health and wellness. Our mission of "Good Food, Good Life" is to provide the best tasting, most nutritious choices in a wide range of food and beverage categories and eating occasions, from morning to night. more