Completion of the share buy-back programme

Basel, Bâloise Holding AG announces that the share buy-back programme started on 16 April 2015 has been completed ahead of schedule as per 29 July 2016.

In the course of the share buy-back programme, Bâloise Holding AG has acquired 1’000’000 registered shares at an average price of CHF 113.83 on a second trading line on the SIX Swiss Exchange. This corresponds to 2% of the issued share capital of Bâloise Holding AG entered in the Commercial Register. Thereby, this share buy-back programme returned CHF 113.83 mn to the shareholders. The acquired shares have been bought back at a price net of the Swiss Federal withholding tax.

Headquartered in Basel, Switzerland, the Baloise Group is a European provider of insurance and pension solutions and has positioned itself as a market player that offers an intelligent 'Safety World' prevention strategy. In Switzerland the Company operates as a focused financial services provider, offering a combination of insurance and banking services. It also has a market presence in Belgium, Germany and Luxembourg. Its distribution network includes its own sales organisation as well as brokers and other partners. The Company uses its competence centre in Luxembourg to run its business in innovative pension products for private customers throughout Europe. Bâloise Holding Ltd shares are listed in the main segment of the SIX Swiss Exchange. The Baloise Group employs some 7,400 people.