Share buyback
On December 23, 2024 Nestlé S.A. completed its most recent share buyback program in accordance with the announcement published when it was launched on January 3, 2022. Since then, Nestlé S.A. has repurchased 187,372,141 of its shares for a total of CHF 20 billion at an average purchase price per share of CHF 106.74.
13,892,141 shares repurchased under the program were cancelled by the Annual General Meeting (AGM) held on April 7, 2022. 80,000,000 repurchased shares were cancelled by the AGM held on April 20, 2023. 50,000,000 repurchased shares were cancelled by the AGM held on April 18, 2024. As a result, the share capital of Nestlé S.A. was reduced to CHF 262,000,000. Nestlé S.A.’s 2025 AGM will decide upon the cancellation of the remaining 43,480,000 repurchased shares.
Share buyback announcement (French, German)
Annonce: Rachat d'actions propres en vue d'une réduction de capital (pdf, 120Kb)
Inserat: Rückkauf eigener Aktien zum Zweck der Kapitalherabsetzung (pdf, 120Kb)
Amendment to the share buyback announcement following change in mandated bank (French, German)
Addendum à l'annonce de rachat d'actions (pdf, 130Kb)
Zusatz zum Rückkaufinserat (pdf, 130Kb)
Publication of transactions
December 23, 2024 (xlsx, 115Kb)
History of share buyback programs
Since 2005 the following share buyback programs took place.
| Launch Date | Completion | Amount (CHF mio) | Number of shares | Average price (CHF per share) | Publication of transactions |
| Jan 2022 | Dec 2024 | 20,000 | 187,372,141 | 106.74 | December 23, 2024 (xlsx, 115Kb) |
| Jan 2020 | Dec 2021** | 13,057 | 123,081,800 | 106.08 | n/a |
| Jul 2017 | Dec 2019 | 20,000 | 225,186,059 | 88.82 | n/a |
| Aug 2014 | Dec 2015 | 8,000 | 112,640,000 | 71.02 | n/a |
| Jun 2010 | Sep 2011 | 10,000 | 188,465,000* | 53.07* | n/a |
| Aug 2009 | Jun 2010 | 10,000 | 203,400,000 | 49.17 | n/a |
| Aug 2007 | Jul 2009 | 15,000 | 314,060,000* | 47.76* | n/a |
| Nov 2005 | Oct 2006 | 3,000 | 76,632,000* | 39.14* | n/a |
| Jul 2005 | Oct 2005 | 1,000 | 27,843,000* | 35.92* | n/a |
*Adjusted to reflect the share split effective 30.06.2008
**Termination
