12. Share capital

The share capital is structured as follows:

CHF millions

31.12.2025

31.12.2024

 

 

 

13 774 000 registered shares A (2024: 13 774 000) nominal value CHF 1.00 (2024: CHF 1.00) (issued and paid in full)

13.8

13.8

30 250 000 registered shares B (2024: 30 250 000) nominal value CHF 0.20 (2024: CHF 0.20) (issued and paid in full)

6.0

6.0

Total

19.8

19.8

The registered shares A (Security no. 622 761) are listed on the SIX Swiss Exchange (Swiss Reporting Standard). With a closing price at the end of the year of CHF 22.00 (2024: CHF 25.50) total market capitalisation is CHF 436.1 million (2024: CHF 505.5 million). Each registered share has one voting right.

Major shareholders with > 3% of voting rights

 

31.12.2025

31.12.2024

 

 

 

Cornaz shareholder group according to latest SIX notification

71.6%

71.6%

A shareholders’ agreement is in place among the shareholders of Cornaz AG-Holding. In addition, a separate shareholders' agreement exists involving Cornaz AG-Holding and other shareholders (for details, see here).