Nestlé terminates existing share buyback program, will start new share buyback program of up to CHF 20 billion on January 3, 2022

Nestlé S.A. today terminated its existing share buyback program initiated on January 3, 2020. Since January 3, 2020, Nestlé S.A. has repurchased 123,081,800 of its shares for a total of CHF 13,057 billion at an average price of CHF 106.08 per share, almost two thirds of the anticipated CHF 20 billion existing program volume…

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