The Board of Directors of Landis+Gyr Group AG has approved a new share buyback program of up to USD 37 million or a maximum of 2.09% of the registered shares outstanding.

The share buyback program is intended to return the remaining portion of the previously announced USD 175 million capital return from the divestment of the Group’s EMEA business to shareholders. The program is expected to commence on August 21, 2026, and will run until October 27, 2028, at the latest.

The registered shares will be bought out of capital contribution reserves via the first trading line on the SIX Swiss Exchange.

Further details and regular updates on the progress of the share buyback program will be published on this page.

You can find the press release and buyback notices (English, German, French) here:

The maximum buyback volume per day in accordance with art. 123 para. 1 let. c of the Financial Market Infrastructure Ordinance (FMIO) is 31,535 shares.

The transactions conducted as part of the share buyback program can be viewed in the document below.

Landis+Gyr’s fixed-price share buyback offer closed on August 18, 2026. A total of 1,000,000 registered shares were accepted for repurchase at CHF 50.00 per share for a total consideration of CHF 50 million.

The offer was announced on August 3, 2026, to return proceeds from the divestment of the Group’s EMEA business to shareholders. During the offer period, shareholders tendered 4,106,869 registered shares. As the offer was oversubscribed, the tendered shares were accepted on a pro rata basis at an acceptance ratio of 24.35%. Payment of the net buyback price and delivery of the registered shares will take place on August 21, 2026.

Upon completion of the offer, Landis+Gyr holds 2,285,464 of its own shares, equivalent to 7.91% of the outstanding share capital.

You can find the press releases announcing the launch and the results of the fixed-price offer here:

You can find detailed information on the fixed-price offer in the official notices (English, German, French) here:

The Group’s share buyback program 2025–2028 was terminated with effect as of July 31, 2026, in connection with the launch of the fixed-price share buyback offer.

The share buyback program commenced on October 29, 2025, and was originally intended to run for up to 36 months. The shares were bought out of capital contribution reserves via the first trading line on the SIX Swiss Exchange. The share buyback program was exempted from the provisions on public takeover offers pursuant to section 6.1 of Circular No. 1 of the Swiss Takeover Board dated June 27, 2013 (status as of January 1, 2016).

Under the share buyback program, 1,264,957 registered shares or c. 4.38% of the share capital have been repurchased for a total value of CHF 61,942,279, which corresponds to an average price of CHF 48.97.

You can find detailed information on the share buyback program in the official notices (English, German, French).

The maximum buyback volume per day in accordance with art. 123 para. 1 let. c of the Financial Market Infrastructure Ordinance (FMIO) is 13,507 shares.

The transactions conducted as part of the share buyback program can be viewed in the document below.

The Group’s share buyback program 2019-2022 was completed on January 28, 2022, after it had been suspended since March 30, 2020, as a precautionary measure due to the financial impact from COVID-19.

As announced on January 29, 2019 the Board of Directors of Landis+Gyr Group AG has approved a share buyback program of up to CHF 100 million or a maximum of 8% of shares outstanding.

The program began on January 30, 2019, for up to 36 months. The shares have been bought out of capital reserves via the first line on the SIX Swiss Exchange. The shares have been repurchased for the purposes of cancellation, subject to approval by future Annual General Shareholders’ Meetings. The share buyback was exempted from the provisions on public takeover offers provided for in section 6.1 of the Circular no. 1 of the Swiss Takeover Board dated 27 June 2013 (status as of 01 January 2016).

Under the share buyback program, Landis+Gyr has repurchased 601,056 of its shares for a total of CHF 43,209,011 at an average purchase price per share of CHF 71.89.

You can find the press release here:

You can find detailed information on the share buyback program in the official notices (English, German, French) here: