| Net Asset Value (NAV) per share (in CHF) | |
|---|---|
as at 1 December 2022 |
CHF 11.96 |
as at 24 November 2022 |
CHF 11.99 |
as at 17 November 2022 |
CHF 11.91 |
| Year | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Distribution per share |
2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 3.00 | 1.00 | 0.45 | 1.17 | 1.00 | 1.00 |
|
audited NAV |
16.72 | 15.43 | 15.77 | 16.60 | 17.86 | 16.72 | 16.33 | 16.22 | 13.61 | 14.45 | 13.96 | 16.03 |
|
Distribution in % to NAV |
11.96% | 6.48% | 6.34% | 6.02% | 5.60% | 5.98% | 18.37% | 6.17% | 3.31% | 8.10% | 7.16% | 6.24% |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD | |
| 2022 | 0.7% | -6.5% | 3.4% | 0.0% | -3.1% | -3.7% | -1.4% | -0.8% | -5.5% | 0.0% | 0.8% | -15.4% | |
| 2021 | 0.7% | 2.9% | 3.5% | 3.4% | 0.7% | -0.7% | 1.4% | 1.4% | 2.1% | 1.3% | 2.6% | -0.6% | 20.3% |
|
2020 |
0.0% | -1.4% | -7.8% | 2.3% | 0.1% | 1.6% | 0.8% | 0.8% | 1.6% | 0.8% | 2.3% | 3.0% | 3.7% |
|
2019 |
0.0% | 0.7% | 0.7% | 1.4% | -1.4% | 0.0% | 1.2% | 0.7% | 0.0% | 0.7% | 1.4% | 0.7% | 6.4% |
|
2018 |
1.8% | 0.0% | -0.6% | 0.0% | 0.5% | -1.3% | 0.6% | -0.7% | 0.0% | -4.6% | -1.4% | -3.1% | -8.3% |
|
2017 |
1.2% | 2.0% | 0.3% | -0.3% | 2.1% | 1.4% | 1.7% | 0.0% | 1.6% | 5.8% | -0.6% | 0.0% | 16.0% |
|
2016 |
-1.8% | -1.2% | 0.0% | 1.8% | 3.0% | 0.0% | 0.0% | 0.9% | 0.9% | 0.6% | 1.8% | 0.6% | 6.8% |
|
2015 |
2.3% | 1.7% | 3.8% | 1.0% | -0.5% | -1.6% | 1.1% | -3.9% | -2.9% | 0.3% | 0.6% | -0.9% | 0.7% |
|
2014 |
4.2% | 1.2% | -0.6% | -0.6% | 5.2% | 1.2% | -0.6% | 0.3% | -1.4% | 1.8% | 0.6% | 1.1% | 12.8% |
|
2013 |
1.9% | -0.3% | 0.6% | 0.3% | 2.0% | -1.9% | 1.6% | -1.0% | 2.9% | 5.1% | 0.3% | 0.0% | 12.0% |
|
2012 |
1.0% | 2.9% | 4.1% | 0.6% | 0.0% | 0.6% | 0.9% | 0.3% | -0.6% | -0.6% | -1.9% | 1.3% | 8.8% |
|
2011 |
4.2% | 3.5% | -0.8% | 3.6% | 3.7% | -0.3% | -1.8% | -3.9% | -1.0% | 0.0% | -1.9% | 0.3% | 5.3% |
|
2010 |
-1.2% | 2.8% | 2.3% | 1.6% | 0.0% | 2.9% | 1.4% | 1.6% | 2.5% | 3.8% | 7.4% | 3.0% | 31.9% |
|
2009 |
-2.8% | -0.9% | 0.9% | 0.9% | 3.8% | 1.7% | 3.6% | 2.5% | 5.0% | 0.8% | -2.3% | 0.0% | 13.6% |
|
2008 |
-5.6% | 0.0% | -2.3% | 1.2% | -4.7% | 0.0% | -1.2% | -1.3% | -6.3% | -15.5% | -9.6% | -2.6% | -39.5% |
|
2007 |
9.0% | -2.1% | -0.5% | 2.0% | 0.6% | 0.0% | -2.1% | -5.8% | 0.0% | 0.6% | 0.0% | 0.5% | 1.7% |
|
2006 |
3.7% | 4.5% | 3.7% | 1.7% | -1.7% | 1.2% | 1.1% | 0.0% | 1.8% | 5.1% | 1.6% | 1.7% | 27.1% |
|
2005 |
0.8% | 0.0% | 1.1% | -0.7% | 1.1% | 0.4% | 5.2% | 1.0% | 3.6% | 0.0% | -1.9% | -0.4% | 10.4% |
|
2004 |
3.6% | 4.9% | 6.3% | 2.2% | 1.4% | -0.8% | 0.0% | 1.5% | 0.0% | 0.0% | -1.1% | -0.5% | 18.8% |
|
2003 |
n/a | n/a | n/a | n/a | n/a | 2.6% | 0.8% | 2.1% | 1.5% | 1.7% | 0.5% | 0.2% | 9.7% |
Alpine’s goal is to achieve attractive absolute returns.
Alpine Select’s goal is to achieve attractive absolute returns by building a diversified portfolio investing in securities, quoted or otherwise, of Swiss and foreign corporations. Furthermore, Alpine Select takes positions in special situations (significant transactional events such as spin-offs, acquisitions, arbitrages, mergers, carve-outs and recapitalizations).
It is the intention of Alpine Select to be recognized as an efficient company. Accordingly, emphasis is on retaining a light and flexible cost structure with the Company contracting outside expertise when cost/benefit of such advice can be demonstrated
Alpine Select applies a shareholder friendly dividend policy: The Company intends to distribute a dividend to shareholders, taking the return goals and economic situations of the Company into consideration (since 2014 an annual dividend has been distributed).
It is the intention of Alpine Select to be recognized as an efficient company. Accordingly, emphasis is on retaining a light and flexible cost structure with the Company contracting outside expertise when cost/benefit of such advice can be demonstrated.
Due to its listing on the Swiss Stock Exchange, Alpine offers daily liquidity within a stable regulatory environment.
Pooling of investors’ interest through investment policy and business Credo
Access the investment capabilities of the experienced Alpine Select investment team
Members of the investment team are significantly invested in Alpine Select Ltd. and Alpine Select Alternative Fund
Cost efficient set-up: 'Performance before growth'
Stable regulatory environment, regular updates and reports
The Ordinary Shareholders' Meeting of Alpine Select held on 20 May 2020 authorized the board of directors to repurchase up to 10% of the share capital in the period up to the ordinary shareholders' meeting in 2022 for the subsequent definitive cancellation of the shares through a capital reduction. Based on this authorization the board of directors launched the buyback program 2020 – 2022 by publishing the buyback notice on 24 June 2020 (“Buyback program 2020”). Alpine Select can acquire up to a maximum of 925,797 registered shares under the Buyback program 2020. As of 27 May 2022, Alpine Select has acquired a total of 397,202 treasury shares under the Buyback program 2020, equalling 4.29% of the share capital.
At the proposal of the board of directors, the Ordinary Shareholders’ Meeting of Alpine Select held on 18 May 2022 authorized the board of directors to extend the Buyback program 2020 until 31 May 2023. With the prolongation of the Buyback program 2020, the maximum number of shares to be repurchased remains at 925,797 treasury shares (corresponding to 10% of the share capital). During the extension of the Buyback program 2020, a further maximum number of 528,595 Alpine Select shares can be bought back. The actual number of shares bought back will be determined by Alpine Select's freely available liquidity on the one hand and by the supply on the second trading line on the other hand. The board of directors will propose to the ordinary shareholders' meeting 2023 a capital reduction by cancellation of all shares purchased within the prolonged Buyback program 2020.
Valor | 55,039,512 |
ISIN | CH0550395120 |
Ticker | ALPNE |
Click below for an overview on the progression of, and on the transactions made in own shares, during the current (2020 - 2022) share buyback program.
Based on the authorization resolution of the General Assembly of 16 May 2019, the Board of Directors of Alpine Select has decided to launch a new share buyback program on a separate trading line at SIX Swiss Exchange. Starting 29 July 2019 (first trading day) a maximum of 514,155 registered shares or an equal of 5.00 % of the share capital registered in the commercial register will be purchased for cancellation purposes. The maximum buyback volume per day is 5,492 shares (in accordance with Art. 123 para. 1 lit. c FinraV).
Valor | 48,458,157 |
ISIN | CH0484581571 |
Ticker | ALPNE |
Click here for an overview on the progression of, and on the transactions made in own shares, during the (2019 - 2021) share buyback program.
Based on the authorization resolution of the General Assembly of 16 May 2019, the Board of Directors of Alpine Select has decided on repurchasing a maximum of 514,155 registered shares (which corresponds to a maximum of 4.59% of the outstanding share capital currently registered in the commercial register or a maximum of 5% of the outstanding share capital following the cancellation of 919,795 own shares on 22 July 2019) by issuing tradeable put options:
|
Valor
|
48,459,294
|
|
ISIN
|
CH0484592941
|
|
Ticker
|
ALLPPO
|
When considering whether to sell the put options on the stock exchange or to exercise them in order to tender registered shares, shareholders are advised to follow the instructions and recommendations of their custodian bank or other professional advisers.
The Board of Directors of Alpine Select intends to ask the next Shareholders' Meeting to resolve on the cancellation of the repurchased shares and on the corresponding capital reduction.
In addition, the Board of Directors of Alpine Select is considering launching a new share buyback program on a second trading line, following the share buyback program through the issuance of tradeable put options.
Press Release Launch Buyback
Buyback Notice - 27 June 2019
Successful completion of the repurchase of own shares by issuing tradeable put options for the purpose of capital reduction
In total, 510,980 registered shares were tendered which corresponds to 4.56% of the share capital registered in the commercial register. The net purchase price (exercise price minus 35% withholding tax calculated on the difference between the exercise price and the nominal value) will be paid on 19 July 2019. The board of directors of Alpine Select will propose to the next Shareholders' Meeting the cancellation of all registered shares repurchased under this share buyback program.
Incorporation date | 18 September 1997
|
Listing | SIX Swiss Exchange, Swiss Standard Segment
|
Stock Exchange Symbol | ALPN |
ISIN Cide | CH0019199550
|
Reuters | ALPN.S
|
Bloomberg | ALPN SW EQUITY
|
Types of shares: | Registered shares
|
Shares issued: | 9'257'970 |
Nominal value | CHF 0.02 |
Net Asset Value | Published on the Company Website, in Finanz und Wirtschaft, Zurich (Saturday edition), on various data providers |
Management fee | None |
Performance fee | None |
Advisory fee | TCHF 108/annually |
Custodian | Bank Julius Bär & Co. AG |
Distributions | Out of retained earnings |
Gotthardstrasse 31
CH-6300 Zug
| Date | Event subject |
|---|---|
17.05.2023 | Ordinary shareholders' meeting 2023 |