23. Treasury shares

Number of shares

2024

2023

Treasury shares as at 1 January

4 830

-

Purchases

7 390

6 863

Sales

‑ 129

-

Share-based remuneration

‑ 5 891

‑ 2 033

Treasury shares as at 31 December

6 200

4 830

A total of 7 390 (prior year: 6 863) treasury shares were purchased in 2024 at an average purchase price of CHF 67.88 (prior year: CHF 85.54)per share. A total of 129 treasury shares were sold at an average sale price of CHF 83.40 in the year under review (prior year: none). A total of 5 891 (prior year: 2 033) 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 84.73 (prior year: CHF 88.54) per share amounted to CHF 0.5 million (prior year: CHF 0.2 million).