Stock Quotes


Share NESN.VX
SWX Europe (Zurich)
Currency   CHF 
Last price   514.50 
Last close   514.50 
Share price information

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Current

As announced on 15th August 2007, Nestlé's Board of Directors approved a new CHF 25 billion Share Buy-Back programme to be completed over the next three years, subject to market conditions and strategic opportunities.

This decision takes into account the strong momentum, improving capital efficiency and future prospects of the Food and Beverages business, which is increasingly benefiting from the move towards nutrition, health and wellness. Furthermore, the recent acquisitions of Novartis Medical Nutrition and Gerber create critical mass in Nutrition, with annualised sales of over CHF 10 billion. Therefore, while the Board continues to believe that driving the performance of the Food and Beverages business offers the greatest opportunity for value creation within Nestlé, it takes the view that a significant Share Buy-Back programme should further enhance shareholder value. The scale of the Buy-Back programme is in line with Nestlé’s financial management objectives, which aim to retain flexibility.

Share Buy-Back mechanism

Share Buy-Backs of Nestlé shares are carried out on a second trading line on SWX Europe, with Nestlé as the exclusive buyer on this line.

A shareholder wishing to sell Nestlé registered shares has the option of selling either via the ordinary trading line or via the second line. Shares purchased on the second trading line are subject to the Swiss federal withholding tax rate of 35 percent on the difference between the repurchase price of the Nestlé registered share and its nominal value of CHF 1.–. This withholding tax can be reclaimed by qualified investors.

Nestlé registered shares trade on second trading line on SWX Europe
SWX Europe NESNE ISIN CH 002 171312 5
Ticker Reuters NESNE.VX
Ticker Bloomberg NESNE



               
Updated weekly
Week starting Number of
shares
Amount
(CHF mio)
Average price
(CHF per share)
20/08/2007               100,000                  50                    504.15                  
27/08/2007               500,000                  259                    518.20                  
03/09/2007               540,000                  280                    518.34                  
10/09/2007               500,000                  261                    521.08                  
17/09/2007               550,000                  288                    523.46                  
24/09/2007               500,000                  259                    517.58                  
01/10/2007               200,000                  104                    521.42                  
08/10/2007               0                  0                    -                  
15/10/2007               140,000                  72                    517.56                  
22/10/2007               685,000                  361                    527.58                  
29/10/2007               670,000                  360                    536.64                  
05/11/2007               655,000                  354                    540.29                  
12/11/2007               635,000                  346                    544.86                  
19/11/2007               590,000                  317                    536.45                  
26/11/2007               600,000                  326                    542.76                  
03/12/2007               625,000                  338                    541.53                  
10/12/2007               444,000                  240                    541.18                  
17/12/2007               360,000                  186                    525.20                  
24/12/2007               0                  0                    -                  
31/12/2007               155,000                  80                    516.89                  
Total in 2007              8,449,000                  4,484                    530.75                  
07/01/2008               406,000                  209                    515.06                  
14/01/2008               302,000                  147                    488.18                  
21/01/2008               419,000                  196                    468.85                  
28/01/2008               446,000                  215                    482.31                  
04/02/2008               174,000                  84                    484.99                  
11/02/2008               0                  0                    -                  
18/02/2008               50,000                  25                    492.60                  
25/02/2008               248,000                  124                    501.35                  
03/03/2008               250,000                  123                    490.38                  
10/03/2008               251,000                  123                    491.82                  
17/03/2008               200,000                  100                    497.93                  
24/03/2008               199,000                  99                    499.21                  
31/03/2008               243,000                  123                    507.43                  
07/04/2008               100,000                  52                    519.07                  
14/04/2008               0                  0                    -                  
21/04/2008               211,000                  105                    497.13                  
28/04/2008               229,000                  114                    497.09                  
05/05/2008               362,000                  184                    507.65                  
Total                       12,539,000                  6,508                    519.06