Zurich Insurance Group Ltd (Zurich) announced today that on June 7, 2023 it has completed its public share buyback program of up to CHF 1.8 billion which it launched on November 21, 2022.
Since November 21, 2022, Zurich has repurchased 4,104,413 of its shares for a total purchase value of CHF 1.8 billion at an average purchase price of CHF 438.55.
The Board of Directors intends to use the capital band introduced at the last Annual General Meeting to cancel the shares repurchased under the share buyback program.
More information about the completed share buyback program can be found here.
