23. Treasury shares

Number of shares

2023

2022

Treasury shares as at 1 January

-

-

Purchases

6 863

3 345

Share-based remuneration

‑ 2 033

‑ 3 345

Treasury shares as at 31 December

4 830

-

A total of 6 863 (prior year: 3 345) treasury shares were purchased in 2023 at an average purchase price of CHF 85.54 (prior year: CHF 63.62)per share. No such shares were sold in either the year under review or the prior year. A total of 2 033 (prior year: 3 345) shares with a vesting period of three years (with no further performance, profit or other vesting conditions) were definitively awarded in the form of share-based remuneration. The resulting personnel expense at a share price on assignment of CHF 88.54 (prior year: CHF 62.78) per share amounted to CHF 0.2 million (prior year: CHF 0.2 million).