Overview

The shareholders of Novartis authorized the Novartis Board to repurchase Novartis shares via a second trading line on the SIX Swiss Exchange.

Current Program

Official notices in German, French and English

Novartis registered shares on the second line

ISINCH0038459415TickerNOVNEE


Repurchases of Novartis shares are carried out on a second trading line on the SIX Swiss Exchange, with Novartis as the exclusive buyer.

A shareholder wishing to sell Novartis shares may do so either via the ordinary trading line or via the second line. Novartis shares sold via the second trading line are subject to the Swiss federal withholding tax of 35% on the full difference between the buyback price and the par value of the registered shares. Special cases remain reserved. The repurchasing company respectively the bank mandated by the company deducts the tax from the buyback price on behalf of the Swiss Federal Tax Administration. This withholding tax can be reclaimed by qualified investors.

Transaction reporting

Maximum daily repurchase volume

1,025,961 shares
(calculated in accordance with Art. 123(1)(c) of the Swiss Federal Financial Markets Infrastructure Ordinance)

Closed Programs