According to the broad losses on the stock markets, there is currently a striking number of reportable transactions from the Top Management of the company. The Board of Directors and group management members use obviously, the corona of a crisis, with shares of their own company stock.
From the 1. to 25. March are already over 360 messages to Management transactions in the case of the regulatory body of the stock exchange SIX Exchange Regulation entered into. The are about 60 percent more than in the same period in the previous year.
Treasury securities
in Total, were traded by the Top Management about 29 million of its own securities. For comparison: in 2019, the volume of trade amounted in the same period, only 1.1 million of securities. This shows a data analysis of the financial news Agency AWP. Were analyzed all the reporting of Management transactions of the company listed on SIX.
a large part of the transactions are stock purchases. 88 percent of all securities traded are shares, which have acquired boards of Directors, corporate leaders, and members of the Executive Board.
More than the years before,
Normally, the purchases and sales when Management transactions in about the scale. In the previous three years 52 percent of all reported transactions were purchases.
In the studied period 1. to 25. In March, the percentage of securities acquired is usually deeper. Last year, the share of purchased shares amounted to 32 percent, in 2018-even with only 9 per cent, by 2017, amounted to 44 percent.
Apparently many of the members of the Board of Directors and the Executive management take advantage of the current low share prices to increase their shares in the own company. In the case of not less than 22 of the Swiss stock market-listed companies so far in March, at least a purchase of shares with a volume of over 1 Million Swiss francs.
Swatch, EFG International, and Huber+Suhner
As members of the Swatch, for example, business management acquired in a total of eleven transactions of almost 1 Million registered shares, with a value of 37,05 million Swiss francs and less than 740’000 bearer shares with a value of 128.2 million Swiss francs. This corresponds to 3.4 percent of the voting shares of the Swatch. Note that the transactions have been carried on jointly by three persons subject to reporting, suggests that members of the family Hayek, have acquired the shares. The corona crisis has left traces in the organization.
Another example, for acquisitions in a large scale, the private Bank, EFG International is In 20 transactions to one or more members of the Board of Directors have purchased a total of over a million shares of his own company. The transaction volume amounts to about 25 million Swiss francs. 1.9 per cent of the market buys capital from the circle of the Board of Directors.
Or from the Board of Directors of Huber+Suhner out, respectively, from a company that is close to a VR member, was bought in March so far, almost 250’000 shares of the company. This corresponds to a value of about 12 million Swiss francs, or 1.2 percent of the market capital. (SDA/way)
Coronavirus
The Coronavirus currently holds the world in suspense. Many countries are taking measures such as Closing schools or limiting public events, to prevent the spread. In Switzerland, too, the grass, the Virus magnetized. All of the current information and Figures around the topic there is in the Coronavirus-Ticker.
I Have the corona virus or just the flu?
The Coronavirus spreads further – also in Switzerland. Especially in the flu season, you can assess for yourself whether one is ill with the Coronavirus, or whether you just have an ordinary flu. The differences are subtle, but they exist. VIEWS is defined.
protection against Coronavirus
recommendations of the Federal office for health, how you can protect yourself:
Hygiene
wash your hands: Wash your hands regularly with soap and water or use a Hand sanitizer. Don’t sneeze, you Sneeze into the hands, or cough in a handkerchief; or if you have none, in the bend of your elbow. Handkerchiefs to dispose of properly: paper towels, should be disposed of after use in a closed waste bin. You stay in fever and cough necessarily at home.
contact minimize
Stay home and avoid wherever possible contact with people. You go only in the following exceptional situations, out of the house: the food doctor shopping or pharmacy visit / the home office is for your job not possible / you have to help other people. You keep if possible 2 meters distance to your fellow human beings, for example, in a line or at meetings. Avoid contact with people breathing or have a cough. You avoid public transport. You can be all that is possible to home deliver. Important: No welcome kiss, no hugs, no shaking hands.
stay Informed
Note the local instructions and recommendations. Strictly to the rules and announcements of the authorities. Infoline Coronavirus: 058 463 00 00, 24 hours a day available Info-page of the BAG: bag-coronavirus.
when should the ch one to the doctor?
do not Go out in the symptoms (difficulty breathing, cough, or fever) in the Public and contact you immediately – first by phone, a Doctor, a doctor or a health care facility.
patience
remains The Situation until Further notice. The Federal government informed in regular intervals about the current developments. It applies now more than ever: peace and quiet preserved, and the thing in common to serve.