INFORMATION FOR INVESTORS
Important information on the BKW share, bonds and financial calendar
At the beginning of the reporting period, the BKW share continued its upwards trend of recent years. Its price rose sharply in mid-January, on communication of increased profit expectations. For a short time, it broke through the CHF 90 mark. In March, however, BKW’s share price could not escape the downwards trajectory of the overall market as a result of uncertainty surrounding COVID-19. Nevertheless, the presentation of the strong 2019 annual result on 18 March 2020 stopped the negative development of the share and the share price moved up again. After a sustained period of moving sideways during the second quarter of the year, it then recovered significantly in June. The BKW share closed at CHF 85.00 on 30 June 2020. The share’s performance of 19% since the start of the year (SPI: – 3%) represents an extremely positive development in a financial market situation characterised by uncertainty because of the coronavirus pandemic.
Listing
The shares of BKW AG are listed on the main segment of the SIX Swiss Exchange.
Ticker symbol on SIX | BKW |
Securities number | 13.029.366 |
ISIN code | CH0130293662 |
The BKW share is included in the following indices: SPI, SPI Extra, SPI ex SLI, Swiss All Share Index, UBS 100
Appropriation of profit
The General Meeting agreed a dividend of CHF 2.20 per share for the 2019 financial year. The dividend was paid out on 22 May 2020.
Restrictions on share transferability
The Company may refuse to register an acquirer of shares in the register of voting shareholders for the following reasons:
a) If the acquisition results in a natural person, a legal entity or a partnership holding (directly or indirectly) more than 5% of the entire share capital. The same restriction applies to legal entitles, partnerships, groups of persons or joint ownerships that are bound by capital or voting rights, shared management or otherwise linked. Moreover, the restriction applies to all natural or legal persons or partnerships that act in concert to acquire shares;
b) If the acquirer has not expressly declared that he has acquired the shares in his own name and on his own behalf.
Major shareholders
31.12.2019 | 30.06.2020 | |
Canton of Bern | 52.54% | 52.54% |
Groupe E Ltd. | 10.00% | 10.00% |
The free float amounts to 37.5%.
Key figures per share
CHF | 31.12.2019 | 1st half-year 2019 | 1st half-year 2020 |
Par value | 2.50 | 2.50 | 2.50 |
Share price | |||
period end | 71.40 | 65.20 | 85.00 |
period high | 75.50 | 71.90 | 92.00 |
period low | 62.20 | 63.60 | 71.10 |
Earnings per share 1 | 7.42 | 3.64 | 1.96 |
Equity per share 1 | 65.59 | 62.24 | 63.79 |
Market capitalisation in CHF millions | 3,768 | 3,440 | 4,483 |
1 Attributable to shareholders of BKW AG
Bonds
At 30 June 2020, BKW had the following bonds outstanding:
Nominal amount | Term | Due | ISIN code | |
3% debenture bond | CHF 200 million | 2007 – 2022 | 27.04.2022 | CH0030356718 |
0.75% debenture bond | CHF 200 million | 2018 – 2025 | 25.10.2025 | CH0435590358 |
2.5% debenture bond | CHF 300 million | 2010 – 2030 | 15.10.2030 | CH0117843745 |
0.25% green bond | CHF 200 million | 2019 – 2027 | 29.07.2027 | CH0487087295 |
Financial calendar
Publication of the 2020 annual results
16 March 2021
Publication of the 2020 Annual Report
16 March 2021
General Meeting
7 May 2021
Ex-dividend date
11 May 2021
Dividend payment
14 May 2021
Addresses
Investor Relations
BKW AG
Investor Relations
Viktoriaplatz 2
CH-3013 Bern
Telephone +41 58 477 53 56
investor.relations@bkw.ch
Media Relations
BKW AG
Media Relations
Viktoriaplatz 2
CH-3013 Bern
Telephone +41 58 477 51 07
media@bkw.ch
Legal Notice
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