27Share capital

As at 31.12.2021 20 200 000 (previous year: 20 200 000) registered shares, with a nominal value of CHF 0.25, were outstanding. The Company has no authorised or conditional capital. Reserves which are not disposable or distributable amount to CHF 2.5 million as at 31 December 2021 (previous year: CHF 2.5 million).

The following table shows transactions and balances relating to treasury shares:

 

 

Quantity

 

Trans- action price (Ø) in CHF

 

Pur- chase cost

 

Quantity

 

Trans- action price (Ø) in CHF

 

Pur- chase cost

 

 

2021

 

2020

 

 

 

 

 

Balance at 1.1.

 

727 640

 

 

 

246

 

735 140

 

 

 

718

Purchases of treasury shares

 

196 425

 

80.46

 

15 805

 

22 133

 

52.14

 

1 154

Disposals of treasury shares

 

(30 925)

 

71.69

 

(2 217)

 

(29 633)

 

54.87

 

(1 626)

Balance at 31.12.

 

893 140

 

 

 

13 834

 

727 640

 

 

 

246

Out of the total purchases of treasury shares of 196 425, in 2021 141 500 treasury shares were purchased as part of the running share buyback programme and 54 925 treasury shares for remuneration purposes. 

As at the balance sheet date, foundations related to the HUBER+SUHNER Group hold 274 716 shares in HUBER+SUHNER AG (previous year: 276 886). Pension funds connected with the HUBER+SUHNER Group hold no shares in HUBER+SUHNER AG.

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