As part of the successfully launched share repurchasing program, The Swatch Group Ltd has repurchased, since September 24, 2001, 3,758,673 registered shares with a nominal par value of CHF 0.45 and 757,550 bearer shares with a nominal par value of CHF 2.25 for close to CHF 200 million on the second trading line, representing 2.42% of the announced 4.48% of the share capital...

In order to maintain the necessary freedom of action, the share repurchasing program has been put on hold for the moment...

By the end of the first ten months of the year, the Group had realized slight organic growth...