Credit Suisse announces $1 billion 2020 share buyback program
Reuters
Published Jan 03, 2020 01:14AM ET
ZURICH (Reuters) - Credit Suisse (S:CSGN) said on Friday it expects to buy back at least 1 billion Swiss francs ($1.03 billion) worth of shares until the end of 2020, subject to market and economic conditions, after completing a similar program last year.
In 2019, Credit Suisse repurchased nearly 80 million shares on a second trading line on SIX Swiss Exchange for a total of just over 1 billion francs at an average purchase price per share of 12.53 francs.
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Written By: Reuters
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