Investor Relations

Share Buybacks

2024 Buyback

GRAND-LANCY, Switzerland, September 2, 2024 – Temenos AG (SIX: TEMN), the banking software company, today announces the successful completion of its 2024 share buyback program.

This share buyback program, which commenced on June 10, 2024, was completed on August 30, 2024. During this period, Temenos repurchased a total of 3,263,937 registered shares via a second trading line at an average price of CHF 61.2757 per share, for a total amount of CHF 200 million.

These repurchased shares represent 4.3% of the company’s registered share capital, totaling 75,171,084 shares as of the date of this announcement.

The shares were repurchased for the purposes of a subsequent capital reduction to be proposed at the Annual General Meeting of Shareholders in 2025.

With its strong free cash flow generation, Temenos still expects the company’s leverage to be towards the low end of its target operating leverage of 1.5 to 2.0x net debt to non-IFRS EBITDA by year end. The share buyback will be marginally accretive to EPS growth in FY-24 with more pronounced accretion in FY-25.

Buyback notice in French, German and English

2024 share buyback announcement press release

Buyback progress (published weekly):

10 June 2024 – 30 August 2024: download details

2021 Buyback

GENEVA, Switzerland, August 2, 2021 – Temenos AG (SIX: TEMN), the banking software company, today announces the completion of its 2021 share buyback programme.

This share buyback programme, initiated on February 19, 2021, was completed on July 30, 2021. In total, 1,360,365 registered shares of the company were bought back at an average price per share of CHF 133.8747 on the ordinary trading line on the SIX Swiss Exchange. These shares represent 1.83% of the company’s share capital as registered in the commercial register at the time of today’s announcement (i.e. 74,206,266 shares); it represents 1.87% of the company’s share capital as registered in the commercial register at the time of the launch of this share buyback programme (i.e. 72,757,466 shares). The repurchased shares will be used for potential acquisitions and/or to cover future employee stock ownership plans.

Buyback notice in French, German and English

Buyback progress (published weekly):

19 February 2021 – 30 July 2021: download details

2018/2019 Buyback

GENEVA, Switzerland – December 30, 2019 – Temenos AG (SIX: TEMN), the banking software company, today announces the end of its 2018/2019 share buyback programme.

This share buyback programme, initiated on May 23, 2018, ended on December 30, 2019. In total, 1,342,653 registered shares of the company were bought back at an average price per share of CHF 151.19 on the ordinary trading line on the SIX Swiss Exchange. These shares represent 1.89% of the company’s share capital as registered in the commercial register. The repurchased shares will be used for potential acquisitions and/or to cover future employee stock ownership plans.

Buyback progress and the official buyback notices (French and German) can be found here:

2019

1-30 December 2019: no Buyback

1-30 November 2019: no Buyback

1-31 October 2019: no Buyback

1-30 September 2019: no Buyback

1-31 August 2019: no Buyback

1-31 July 2019: no Buyback

1-30 June 2019: no Buyback

1-30 May 2019: no Buyback

1-30 April 2019: no Buyback

1-31 March 2019: no Buyback

1-28 February 2019: no Buyback

1-31 January 2019: no Buyback

2018

01-31 December 2018: no buyback

01-30 November 2018: no buyback

01-31 October 2018 : no buyback

01-30 September 2018 : no buyback

01 August – 05 August 2018: no buyback

06 August 2018 : total of 24,977 shares at average price of CHF 163.879449 – download full details

07 August 2018 : total of 36,477 shares at average price of CHF 164.237278 – download full details

08 August 2018 : total of 19,747 shares at average price of CHF 164.811328 – download full details

09 August 2018 : total of 43,566 shares at average price of CHF 169.885351 – download full details

10-14 August 2018: no buyback

15 August 2018 : total of 14,477 shares at average price of CHF 164.68519 – download full details

16-19 August 2018 : no buyback

20 August 2018 : total of 29,000 shares at average price of CHF 169.965321 – download full details

21 August 2018 : total of 24,000 shares at average price of CHF 170.831171 – download full details

22 August 2018 : total of 21,500 shares at average price of CHF 171.669567 – download full details

23 August 2018 : total of 24,500 shares at average price of CHF 175.472694 – download full details

24 August 2018 : total of 21,098 shares at average price of CHF 177.172049 – download full details

25-31 August 2018 : no buyback

01 July – 31 July 2018: no buyback

01 June 2018 : total of 123,477 shares at average price of CHF 146.591514 – download full details

04 June 2018 : total of 64,223 shares at average price of CHF 145.592261 – download full details

05 June 2018 : total of 80,477 shares at average price of CHF 147.996585 – download full details

06 June 2018 : total of 74,726 shares at average price of CHF 147.619114 – download full details

07 June 2018 : total of 79,000 shares at average price of CHF 147.490157- download full details

08 June 2018 : total of 63,000 shares at average price of CHF 145.013214 – download full details

09 June – 30 June 2018: no buyback

23 May 2018 : total of 75,500 shares at average price of CHF 144.213032- download full details

24 May 2018 : total of 50,000 shares at average price of CHF 146.201128 – download full details

25 May 2018 : total of 74,000 shares at average price of CHF 147.989747 – download full details

28 May 2018 : total of 78,477 shares at average price of CHF 150.251753 – download full details

29 May 2018 : total of 92,477 shares at average price of CHF 146.794982- download full details

30 May 2018 : total of 83,477 shares at average price of CHF 145.877873 – download full details

31 May 2018 : total of 144,477 shares at average price of CHF 147.052808 – download full details

Total: 1’342’653 shares bought back at an average price of CHF 151.193089

2017 Share Buyback

GENEVA, Switzerland, 1 December 2017 – Temenos AG (SIX: TEMN), the software specialist for banking and finance, today announces the early termination of its 2017 share buyback programme.

Having reached its stated objective of repurchasing up to CHF 150 million of Temenos shares, the 2017 share buyback programme initiated on 1 November 2017 is now complete. In total, 1,227,804 registered shares of the company were bought back at an average price per share of CHF 122.17 on the ordinary trading line on the SIX Swiss Exchange. These shares represent 1.73% of the company’s share capital as registered in the commercial register. The repurchased shares will be used to cover future employee stock ownership plans and/or for potential acquisitions.

Buyback progress and the official buyback notices (French and German) can be found here:

1 November 2017 : total of 48,654 shares at average price of CHF 117.794681 – download full details

2 November 2017 : total of 62,500 shares at average price of CHF 116.972720 – download full details

3 November 2017 : total of 37,708 shares at average price of CHF 117.717900 – download full details

6 November 2017 : total of 78,700 shares at average price of CHF 120.895713 – download full details

7 November 2017 : total of 50,654 shares at average price of CHF 120.944727 – download full details

8 November 2017 : total of 59,654 shares at average price of CHF 121.200498 – download full details

9 November 2017 : total of 86,654 shares at average price of CHF 121.443771 – download full details

10 November 2017 : total of 32,654 shares at average price of CHF 120.600248 – download full details

13 November 2017 : total of 61,654 shares at average price of CHF 118.941045 – download full details

14 November 2017 : total of 54,500 shares at average price of CHF 120.026738 – download full details

15 November 2017 : total of 57,654 shares at average price of CHF 118.306348 – download full details

16 November 2017 : total of 36,654 shares at average price of CHF 121.363701 – download full details

17 November 2017 : total of 55,300 shares at average price of CHF 121.925418 – download full details

20 November 2017 : total of 46,500 shares at average price of CHF 122.512856 – download full details

21 November 2017 : total of 46,654 shares at average price of CHF 124.937860 – download full details

22 November 2017 : total of 47,154 shares at average price of CHF 124.398077 – download full details

23 November 2017 : total of 74,654 shares at average price of CHF 124.878008 – download full details

24 November 2017 : total of 56,654 shares at average price of CHF 127.101575 – download full details

27 November 2017 : total of 74,233 shares at average price of CHF 126.966693 – download full details

28 November 2017 : total of 63,654 shares at average price of CHF 125.974159 – download full details

29 November 2017 : total of 86,654 shares at average price of CHF 126.065769 – download full details

30 November 2017 : total of 8,707 shares at average price of CHF 116.777776 – download full details

Total: 1,227,804 shares bought back at an average price of CHF 122.169079

2016 Share Buyback

GENEVA, Switzerland, 12 June 2017 – Temenos AG (SIX: TEMN), the software specialist for banking and finance, today announces the early termination of its 2016 share buyback programme.

Having reached its stated objective of repurchasing up to CHF 99 million (c. USD 100 million) of Temenos shares, the 2016 share buyback programme initiated on 3 November 2016 is now complete. In total, 1,365,071 registered shares of the company were bought back at an average price per share of CHF 72.53 on the ordinary trading line on the SIX Swiss Exchange. These shares represent 1.96% of the company’s share capital as registered in the commercial register. The repurchased shares will be used to cover future employee stock ownership plans and/or for potential acquisitions.

The official buyback notices can be found below:

2017

1 June: total of 22,317 shares at average price of CHF 90.733685 – download full details

2 June: total of 19,392 shares at average price of CHF 89.522669 – download full details

6 June: total of 17,349 shares at average price of CHF 89.112272 – download full details

7 June: total of 28,000 shares at average price of CHF 90.741198 – download full details

8 June: total of 24,000 shares at average price of CHF 90.858936 – download full details

9 June: total of 24,112 shares at average price of CHF 91.824113 – download full details

17 May: total of 29,392 shares at average price of CHF 87.661063 – download full details

18 May: total of 33,392 shares at average price of CHF 86.417979 – download full details

19 May: total of 12,000 shares at average price of CHF 89.206875 – download full details

22 May: total of 21,974 shares at average price of CHF 88.885608 – download full details

23 May: total of 13,592 shares at average price of CHF 89.310205 – download full details

24 May: total of 18,750 shares at average price of CHF 90.062557 – download full details

26 May: total of 26,392 shares at average price of CHF 90.237104 – download full details

29 May: total of 16,892 shares at average price of CHF 90.031186 – download full details

30 May: total of 16,392 shares at average price of CHF 90.125778 – download full details

31 May: total of 17,248 shares at average price of CHF 90.238419 – download full details

19 December 2016 – 9 March 2017: no buyback

10 March 2017: total of 4,989 shares at average price of CHF 78.546392 – download full details

13 March 2017: total of 29,392 shares at average price of CHF 78.317226 – download full details

14 March 2017: total of 20,500 shares at average price of CHF 78.325866 – download full details

15 March 2017: total of 13,658 shares at average price of CHF 78.977676 – download full details

16 March 2017: total of 16,392 shares at average price of CHF 79.391298 – download full details

17 March – 16 May 2017: no buyback

2016

1 December 2016 : total of 24,582 shares at average price of CHF 69.3631 – download full details

2 December 2016 : total of 27,382 shares at average price of CHF 68.076706 – download full details

5 December 2016 : total of 22,382 shares at average price of CHF 68.206163 – download full details

6 December 2016 : total of 25,382 shares at average price of CHF 67.240174 – download full details

7 December 2016 : total of 27,382 shares at average price of CHF 67.116058 – download full details

8 December 2016 : total of 23,382 shares at average price of CHF 66.874857 – download full details

9 December 2016 : total of 19,382 shares at average price of CHF 67.860966 – download full details

12 December 2016 : total of 16,382 shares at average price of CHF 67.605939 – download full details

13 December 2016 : total of 16,707 shares at average price of CHF 67.370465 – download full details

14 December 2016 : total of 10,185 shares at average price of CHF 69.960599 – download full details

15 December 2016 : no buyback

16 December 2016 : no buyback

19 December 2016 – 9 March 2017: no buyback

3 November 2016: total of 29,382 shares at average price of CHF 62.005663 – download full details

4 November 2016: total of 33,382 shares at average price of CHF 62.460142 – download full details

7 November 2016: total of 83,382 shares at average price of CHF 64.714868 – download full details

8 November 2016: total of 66,190 shares at average price of CHF 64.64481 – download full details

9 November 2016: total of 71,515 shares at average price of CHF 64.346069 – download full details

10 November 2016 : total of 49,382 shares at average price of CHF 64.339075 – download full details

11 November 2016 : total of 53,382 shares at average price of CHF 62.147703 – download full details

14 November 2016 : total of 53,382 shares at average price of CHF 61.914308 – download full details

15 November 2016 : total of 83,382 shares at average price of CHF 62.65945 – download full details

16 November 2016 : total of 1,055 shares at average price of CHF 64.10 – download full details

17 November 2016 : no buyback

18 November 2016 : no buyback

21 November 2016 : no buyback

22 November 2016 : total of 16,382 shares at average price of CHF 68.594854 – download full details

23 November 2016 : total of 48,382 shares at average price of CHF 69.400036 – download full details

24 November 2016 : total of 27,382 shares at average price of CHF 69.388534 – download full details

25 November 2016 : total of 32,382 shares at average price of CHF 69.864273 – download full details

28 November 2016 : total of 28,382 shares at average price of CHF 69.713258 – download full details

29 November 2016 : total of 38,382 shares at average price of CHF 69.631523 – download full details

30 November 2016 : total of 10,072 shares at average price of CHF 71.597776 – download full details

Total: 1,365,071 shares bought back at an average price of CHF 72.525867

2014 Share Buyback

Having repurchased USD 120m of shares, the 2014 share buyback programme initiated on 17 June 2014 is now complete.

In total, 3,270,794 registered shares of the company were bought back at an average price per share of CHF 34.08 on a second trading line on the SIX Swiss Exchange. These shares represent 4.7% of the company’s share capital. All shares repurchased under the buyback programme will be proposed for cancellation in a capital reduction at the AGM in 2015.

23 June -27 June : total of 137,653 shares at average price of CHF 34.21 – download full details

30 June – 04 July : total of 57,000 shares at average price of CHF 34.44 – download full details

07 July – 11 July : total of 28,000 shares at average price of CHF 34.41 – download full details

14 July – 25 July : no buyback

28 July – 1 August : total of 160,500 shares at average price of CHF 33.69 – download full details

04 August – 08 August : total of 285,000 shares at average price of CHF 31.84 – download full details

11 August – 15 August: total of 285,000 shares at average price of CHF 33.32 – download full details

18 August – 22 August: total of 264,000 shares at average price of CHF 34.84 – download full details

25 August – 29 August: total of 216,000 shares at average price of CHF 35.15 – download full details

01 September -05 September: total of 149,646 shares at average price of CHF 35.48 – download full details

08 September – 12 September: total of 222,000 shares at average price of CHF 35.57 – download full details

15 September – 19 September: total of 213,000 shares at average price of CHF 35.56 – download full details

22 September – 26 September: total of 164,995 shares at average price of CHF 35.65 – download full details

29 September – 03 October: total of 114,000 shares at average price of CHF 35.62 – download full details

06 October – 10 October: total of 114,000 shares at average price of CHF 35.15 – download full details

13 October – 17 October: no buyback

20 October – 24 October: total of 162,000 shares at average price of CHF 31.74 – download full details

27 October – 31 October: total of 285,000 shares at average price of CHF 32.76 – download full details

03 November – 07 November: total of 285,000 shares at average price of CHF 33.83 – download full details

10 November – 14 November: total of 114,000 shares at average price of CHF 33.12 – download full details

17 November: total of 14,000 shares at average price of CHF 32.23 – download full details

Total: 3,270,794 shares (4.68% of the capital) bought back at an average price of CHF 34.08

2013 Share Buyback

Having repurchased USD 54m of shares, the 2013 share buyback programme initiated on 18 June 2013 is now complete.

In total, 2,134,786 registered shares of the company were bought back at an average price per share of CHF 23.44 on a second trading line on the SIX Swiss Exchange. These shares represent 2.96% of the company’s share capital. All shares repurchased under the buyback program will be proposed for cancellation in a capital reduction at the AGM in 2014.

Read the latest press releases:

June 18 – 24: total of 265,386 shares at average price of CHF 21.98 (full details)

June 25 – July 1: total of 325,000 shares at average price of CHF 22.73 (full details)

July 2 – July 8: total of 325,000 shares at average price of CHF 22.61 (full details)

July 9- July 12: total of 148’000 shares at average price of CHF 23.04 (full details)

July 15 – July 29: no buyback

July 30 – August 5: 65,000 shares at average price of CHF 24.89 (full details)

August 6 – August 12: 242,400 shares at average price of CHF 25.16 (full details)

August 13 – August 19: 309,000 shares at average price of CHF 24.14 (full details)

August 20 – August 26: 325,000 shares at average price of CHF 24.21 (full details)

August 27 – September 2: 130,000 shares at average price of CHF 23.41 (full details)

Total: 2,134,786 shares (2.96% of the capital) bought back so far at average price of CHF 23.47.

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