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Press Release

Credit Suisse Group AG announces completion of its 2020 share buyback program

On December 30, 2020, Credit Suisse Group AG (Credit Suisse) completed its 2020 share buyback program (Share Repurchase Program), which commenced on January 6, 2020 and was suspended in March 2020 due to the COVID-19 pandemic. 

Under the Share Repurchase Program, Credit Suisse has repurchased 28,446,000 of its shares on a second trading line on the SIX Swiss Exchange for a total of CHF 324,993,871 at an average purchase price per share of CHF 11.43. The repurchased shares were approved for cancellation by means of a capital reduction at the Annual General Meeting 2020, and cancelled in July 2020.

Detailed information on the share buyback can be found in the buyback notices that are available on the Share capital & statistics webpage.