Lindt & Sprüngli decides on a share buyback program for own shares and participation certificates in order to reduce capital


PRESS RELEASE

Lindt & Sprüngli decides on a share buyback program for own shares and participation certificates in order to reduce capital

Kilchberg, 3 October 2013 – The Board of Directors of Chocoladefabriken Lindt & Sprüngli Aktiengesellschaft has decided at its meeting of 3 October 2013 to execute a new share buyback program for Lindt & Sprüngli registered shares and participation certificates until the end of 2014, given the high cash position, its solid balance and its continuously cash generative business.

Shares and PC of up to a maximum of 5% of the total share/PC capital currently recorded in the commercial register will be repurchased via separate trading lines on SIX Swiss Exchange, less Swiss withholding tax, and subsequently be retired by means of a capital reduction. Based on the closing price of Lindt & Sprüngli registered shares and PCs on 3 October 2013, the value of the shares/PCs to be bought back is approximately CHF 450 million. It is planned to start the buyback end of October 2013. Lindt & Sprüngli will continue to pursue its present dividend policy.

 

Further details available on our webpage www.lindt.com - investors - shares & capital.


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