1026 GMT - Share-buyback activity among Swiss companies declined last year, but there is potential for more repurchase programs in 2025, Vontobel analysts say in a note. Companies in the Swiss Performance Index repurchased stock valued at nearly 18 billion francs in 2024, a 14% decline from the year before, according to Vontobel. The value of the aggregate stock buybacks represents 1% of the SPI's market capitalization, Vontobel says. "We see potential for more buyback activity in 2025 as large caps such as ABB and Holcim are likely to announce new programs," the analysts say. When taking into account both buybacks and dividends, Avolta, Calida, mobilezone, Nestle, Novartis, and Zurich Insurance offer yields--the ratio of returns relative to the stock price--of more than 6%, Vontobel says. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
January 15, 2025 05:27 ET (10:27 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。