• Company
    • Profile
    • Products & services
    • Innovations
    • Our values
    • History
    • Corporate Governance
      • Overview

        Our Corporate Governance Report contains the information required by the Directive on Information Relating to Corporate Governance issued by the SIX Swiss Exchange.

      • Board of Directors

        Find out more about the Board of Directors of the Schindler Group.

      • Board Committees

        The Board of Directors delegates certain duties to committees formed from its own members. It has appointed four standing committees.

      • Group Executive Committee

        Meet the Members of Group Executive Committee of the Schindler Group.

      • Organizational regulations

        The Organizational Regulations of the Schindler Group are based on articles 716, 716a and 716b of the Swiss Code of Obligations and the Articles of Association of Schindler Holding Ltd.

      • Articles of Association

        Read the current binding German version of the Articles of Association of Schindler Holding Ltd., as well as the English translation.

    • Suppliers
      • Overview

        Our Strategic Sourcing Organization works closely with our regional sourcing organizations to deliver competitive, innovative, and sustainable supply solutions for Schindler globally.

      • Global organization

        Our global purchasing organization is managed by a network of category and country teams, who work closely together to achieve maximum results.

      • Spend categories

        The Category structure defines the global material and service categories supplying the Schindler Group and drives the management of the spend and the supply base.

  • Responsibility
    • Overview
    • Our Sustainability Roadmap
    • Environment
      • Climate

        We are continually searching for innovative ways to reduce the carbon intensity of our vehicle fleet. And, by increasing the use of remote monitoring and adaptive servicing of our products, we are further reducing the need to travel.

      • Environmental management at our sites

        We are continuously looking for ways to do more to tackle climate change through minimizing our environmental impact at our sites.

    • People
      • Inclusion & Diversity

        Our global presence gives us access to the full spectrum of human diversity – reinforcing our ability to adapt and innovate.

      • Safety

        Every day, we move more than 2 billion passengers, who rely on our products to get around – that means the safety and reliability of our products are critical.

      • Communities

        We make a positive contribution to communities through our targeted Responsibility initiatives.

    • Value chain
      • Product sustainability

        Quality and innovation guide our investments to improve the environmental performance of our products.

      • Pioneer smart urban mobility

        We pioneer smart mobility with our ideas & solutions, keeping an ever-growing urban world easily accessible and making each trip safe, efficient, and secure.

      • Supply Chain engagement

        We are committed to increase sustainability and environmental awareness in our supply chain while maintaining high standards of safety & quality.

      • Cyber resilient across the organization

        Information security is not the exclusive domain of our IT department – we want it to be everyone’s business. Building our cyber resilience is part of our corporate risk management approach and an ongoing effort.

    • Ethics and compliance
      • Overview

        All Schindler employees commit themselves to observe the highest ethical standards of professional and personal conduct in their interactions with …

      • Educate

        In the Educate stage of the Compliance Program activities & processes are implemented which are designed to avoid compliance violations before they occur.

      • Examine

        In the Examine stage of the Compliance Program processes to detect hints of possible violations ("Red Flags") are implemented.

      • Enforce

        In the Enforce stage of the Compliance Program suspicions of violations are investigated, corrective actions taken and the responsible employees sanctioned.

    • Policies and reports
  • Investors
    • Overview
    • Share information
      • Overview

        Schindler registered shares & participation certificates are traded on the Swiss stock exchange since November 1, 1971.

      • Share price charts

        Data is delayed by at least 15 minutes. All quotes are in local exchange time.

      • Share capital structure

        Learn more about our capital structure and shareholders

      • Dividends

        Schindler's dividend policy is earnings-related and provides for a payout ratio of 35% to 65% of net profit attributable to shareholders of Schindler Holding Ltd.

      • Coverage and consensus

        Schindler is covered by various analysts. Their views, forecasts, and expectations may not necessarily reflect those of the company.

    • Results
      • Overview

        Schindler reports on its financial performance on a quarterly basis.

      • Archive

        Schindler reports on its financial performance on a quarterly basis. The documents in the reporting archive are available online only. For an overview click the corresponding year.

      • Non-GAAP measures

        We include certain non-GAAP measures in our Group Review comprise, which are not accounting measures as defined by IFRS.

    • Financial calendar
    • Events
    • General meetings
    • Investor Relations contact
  • Careers
    • Overview
    • Who we are
      • People

        Learn about the people, traditions, and values that motivate us to tackle the urban mobility challenges of the 21st century.

      • Inclusion and diversity

        By building inclusive and diverse teams, we are laying the foundation for creativity, innovation, and effective decision-making.

      • Society

        Help us transform the world. We’re looking for driven professionals ready to solve society’s most pressing urban mobility challenges.

      • Our values

        Our values are the foundation of everything we do and allow us to remain a leading global player in the elevator and escalator industry.

      • Facts and figures

        Discover the facts behind what makes Schindler a great company to work for.

    • Why Schindler
      • Compensation and benefits

        Discover more about Schindler employee compensation packages and benefits – and why competitive salaries are just the start.

      • Work-life balance

        Finding the right balance between work and life can be tough. We make it easier through flexible modern policies designed to meet diverse needs.

      • Training

        The key to maintaining Schindler’s proud legacy is by making sure that all our people – at every level – remain trained and ready.

      • Career development program

        Discover how we take our most talented young professionals on an international and multidisciplinary 6-year journey to help their careers flourish.

      • International careers

        International assignments are a key part of how we develop our people. Grow your career internationally with Schindler.

    • Who we look for
      • Experienced professionals

        Whether you’re a lift technician or an engineer, we need people with experience and skill. Seasoned professionals make our elevator & escalator service company great!

      • Students and graduates

        Explore the extensive possibilities for students and recent graduates at Schindler.

    • Open positions
  • Newsroom
  • Contact
Schindler worldwide

Public repurchase offer at fixed price for up to 4'100'000 registered shares and up to 4'100'000 participation certificates

Not for release, publication or distribution in the United States of America, Canada, Japan or Australia – Schindler Holding Ltd. ("Schindler") launches a public repurchase offer for up to 5.8% of the registered shares and up to 8.9% of the participation certificates in issue at a fixed price (the "Fixed-Price Repurchase Offer") for the purpose of capital reduction. Thus, the Fixed-Price Repurchase Offer comprises up to 4 100 000 registered shares and up to 4 100 000 participation certificates. The offer price in the Fixed-Price Repurchase Offer amounts to CHF 129.00 per registered share and CHF 129.80 per participation certificate.

In the context of the repurchase program of up to 9.5% of the nominal capital via two separate trading lines on SIX Swiss Exchange commenced on 3 January 2013 (the “Existing Repurchase Program”), a shareholder that is a member of the Schindler and Bonnard families’ shareholder pool has offered to sell up to 2 366 697 registered shares to Schindler. Schindler intends to repurchase these shares as part of the Existing Repurchase Program. In view of requirements by the Swiss Takeover Board, the Existing Repurchase Program will therefore be modified as described in the offer notice, including among others regarding the following aspects:

  • The Existing Repurchase Program at market prices by way of two separate trading lines on SIX Swiss Exchange will be suspended from 18 October 2013 through 14 November 2013.
  • The Fixed-Price Repurchase Offer is open for acceptance from 1 November 2013 to 14 November 2013, 17:00 CET. In case the number of tendered registered shares or participation certificates exceeds the maximum number to be repurchased in the Fixed-Price Repurchase Offer, Schindler will scale back the tender declarations proportionally (pro rata).
  • Ordinary-course trading in Schindler registered shares (Swiss Security Number 2 463 821) and Schindler participation certificates (Swiss Security Number 2 463 819) on the regular trading line will not be suspended and will continue as usual. Thus, shareholders or holders of participation certificates wishing to sell can choose between selling registered shares or participation certificates during the offer period on the regular trading line to other market participants or tendering their shares or participation certificates to Schindler in the Fixed-Price Repurchase Offer.

For further details, please refer to the offer notice. Schindler has mandated UBS AG for the execution of the Fixed-Price Repurchase Offer. Shareholders and holders of participation certificates are asked to contact their depository bank for information on how to proceed in case they wish to accept the Fixed-Price Repurchase Offer.


This announcement is neither an offer nor a solicitation to buy, sell or invest in any of the securities described herein, nor any other kind of recommendation. This announcement also does not constitute a prospectus within the meaning of Art. 652a or Art. 1156 of the Swiss Code of Obligations or of the listing rules of SIX Swiss Exchange.

This announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the foregoing securities, nor shall there be any offer, solicitation or sale in any country or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any country or jurisdiction.

This announcement and the information contained herein are not for distribution in or into the United States of America and must not be distributed to U.S. persons (as defined in Regulation S of the U.S. Securities Act of 1933, as amended ("Securities Act")) or to publications with a general circulation in the United States. The securities referred to herein have not been and will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.