Swiss Life

Swiss Life is starting an announced share buyback program with a volume of up to 250 million Swiss francs, tradable from October 1, 2026 until no later than March 31, 2027. Based on closing prices, this corresponds to a maximum of around 272,866 registered shares (Namenaktien) or 0.98% of the share capital; the actual number of shares may vary depending on the price. Buybacks must in no case exceed 10% of the registered share capital and voting rights. The Board of Directors intends to propose at future ordinary general meetings that the shares repurchased under the program be cancelled as a reduction of capital. » Więcej na finanzen.net

Swiss Life has placed a €600 million hybrid bond with investors in the European market. The bond runs to 2046 with a first optional redemption date in September 2036; the interest rate until then is 4.75 percent. Proceeds are to be used for general corporate purposes, including possible refinancing of existing instruments; Swiss Life gave no details on financial targets. » Więcej na finanzen.net

Swiss Life reports a currency-adjusted net profit increase of 8% in H1 2026 to CHF 649m and an operating income of CHF 967m. Fee result rose 11% to CHF 430m, and return on equity improved to 20.2%. Management confirms implementation of the Swiss Life 2027 strategy, announces a share buyback program of CHF 250m and expects annual cost savings of around CHF 150m from 2029; the acquisition of TELIS is expected to contribute CHF 25–30m annually to operating income. The stock fell briefly by 0.9% and is trading below its 52-week high. » Więcej na de.investing.com