12 Treasury shares
|
(Number of shares) |
|
2020 |
|
2019 |
|
Balance as at 1 January |
|
3,133 |
|
1,655 |
|
Acquisitions (at applicable market price) |
|
9,568 |
|
8,290 |
|
Allocation to management, employees and third parties 1) |
|
–8,650 |
|
–6,812 |
|
Balance as at 31 December |
|
4,051 |
|
3,133 |
1) See also note 17, Equity interests of members of the Management Board, other members of management and employees.
In the reporting period, 9,568 registered shares were purchased at the market price (2019: 8,290 registered shares). Treasury shares are distributed to members of the Management Board and other members of management under the bonus programme. They are used primarily for this participation programme. In addition, Flughafen Zürich AG gives those employees who have completed their first year of service a one-off gift in the form of one share free of charge.
