Swisscom’s market capitalisation as at 31 December 2018 amounted to CHF 24.3 billion (previous year: CHF 26.9 billion). The number of shares issued remained the same at 51.8 million. Par value per registered share is CHF 1. Each share entitles the holder to one vote. Voting rights can only be exercised if the shareholder is entered in the share register of Swisscom Ltd with voting rights. The Board of Directors may refuse to enter a shareholder with voting rights if such voting rights exceed 5% of the company’s share capital.
The Swiss Market Index (SMI) fell by 10.2% compared with the previous year. The Swisscom share price decreased by 9.4% to CHF 469.70, outperforming the Stoxx Europe 600 Telecommunications Index (–16.4% in CHF; –13.2% in EUR). Average daily trading volume fell by 3% to 151,185 shares. The total trading volume of Swisscom shares in 2018 amounted to CHF 17.6 billion.See