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Swatch Group and Jin Jiang Group Sign Joint Venture
Biel/Bienne, Switzerland, and Shanghai, China, April 19, 2007. Swatch Group, the world’s largest watchmaker, and Jing Jiang Group, China’s leading hotel and travel group, announced they have signed a joint venture agreement. The Joint Venture, of which the Swatch Group holds ninety percent and the Jing Jiang Group ten percent, is focused on the…
Repurchasing of own shares for the purpose of capital reduction
As already announced on the occasion of the publication of the 2006 business results, Swatch Group launches a share repurchase program for the purpose of reducing the share capital at a later stage. The share repurchase offer applies to both the bearer shares and the registered shares of Swatch Group and corresponds to a value of CHF 400 million…
The Swatch Group Ltd. to be listed on the Berne Stock Exchange
The Berne Stock Exchange Association, which operates the BX Berne eXchange, has approved this application. Accordingly, Swatch Group shares will be listed on the BX Berne eXchange for the first time on 15 February 2007. With this step, the Swatch Group, as the largest private Bernese corporation, demonstrates its solidarity with the Bernese…
Disclosure of Shareholdings
The Swatch Group Ltd: Disclosure of Shareholdings (December 14, 2006) Securities no. registered shares 1 225 514; bearer shares 1 225 515 Reuters Symbol UHRN.VX und UHR.VX Biel / Bienne (Switzerland), December 14, 2006 – The Swatch Group Ltd in Biel/Bienne has been notified by the Capital Group Companies, Inc., on behalf of funds managed by…
Closing of the share repurchase program
The Swatch Group Ltd.: Closing of the existing share repurchase program of CHF 300 million by November 22, 2006 The shares were repurchased after deduction of the Swiss federal withholding tax. The intended use of the shares repurchased, will be determined at a later date. Herewith, and without time limitation, Swatch Group retains the full range…
Swatch Group acquires dial producer MOM Le Prélet SA
Swatch Group acquires dial producer MOM Le Prélet SA Mr. Olivier Schwab, current main shareholder and General Manager will continue to head operations of the new Swatch Group company which employs some 125 persons, thus ensuring the supply to all its present clients within and outside the Swatch Group. Contact: Béatrice Howald, Head of…