The share capital forms the share capital of a <\/strong>public limited company<\/a>. The amount of the share capital<\/strong> corresponds to the amount contributed by the shareholders<\/strong>. Changes to the share capital are only possible in compliance with strict legal regulations. <\/p>\n\n In addition to the subscription of shares, the payment of the share capital<\/strong> is one of the basic requirements for the formation of an AG. The payment of the share capital fulfills the capital contribution obligation arising from the share subscription<\/strong> by paying the issue amount. Payment is made in the form of cash <\/strong>or the contribution of tangible assets<\/strong>, e.g.real estate<\/a> or machinery. <\/p>\n\n The amount of the share capital is determined in the articles of association when the public limited company is founded<\/strong> and divided into individual shares. The minimum capital of a public limited company in Switzerland is CHF 100,000 <\/strong>(Art. 621 of the Swiss Code of Obligations)<\/a>. At least 20 percent of this must be paid in (paid up), but the minimum amount is CHF 50,000 (Art. 632 CO). <\/p>\n\n Any number of <\/strong>shareholders<\/a> may participate in the share capital<\/strong>. A shareholder participates in the share capital in proportion to the nominal value of his shares. The nominal value<\/strong> must be at least one centime<\/strong> (Art. 622 CO). <\/p>\n\n Capital increases may be necessary in order to remain competitive<\/strong> or to make important investments<\/strong>. Increases can also be made to reduce borrowed capital<\/strong> in order to reduce the overall financial burden on the AG. <\/p>\n\n When increasing share capital, a distinction is made between ordinary, authorized and conditional capital increases<\/strong>. Articles 650 to 653 of the Swiss Code of Obligations (CO)<\/strong> form the legal basis for the increase: <\/p>\n\n Increase in share capital by resolution of the Annual General Meeting. The capital increase must then be implemented by the Board of Directors within three months. <\/p>\n\n The General Meeting of Shareholders decides on the possibility of increasing the share capital by a certain amount within a maximum period of two years <\/strong>– but no more than 50 percent of the existing share capital. The Board of Directors decides at its own discretion when to implement the increase. <\/p>\n\n In this case, the General Meeting may decide to increase the capital by granting conversion or option rights<\/a>or employees the right to subscribe to new shares<\/a>. However, the decision to increase the share capital is not made by the Board of Directors. Rather, the increase depends on the shareholders<\/a> deciding to subscribe to new shares. <\/p>\n\n <\/p>\n","protected":false},"template":"","class_list":["post-4215","lexikon","type-lexikon","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/valueinvestments.ch\/en\/wp-json\/wp\/v2\/lexikon\/4215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/valueinvestments.ch\/en\/wp-json\/wp\/v2\/lexikon"}],"about":[{"href":"https:\/\/valueinvestments.ch\/en\/wp-json\/wp\/v2\/types\/lexikon"}],"wp:attachment":[{"href":"https:\/\/valueinvestments.ch\/en\/wp-json\/wp\/v2\/media?parent=4215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Liberation of share capital <\/h2>\n\n
Amount of share capital <\/h2>\n\n
Shareholder participation in the share capital <\/h2>\n\n
Share capital increase <\/h2>\n\n
Ordinary capital increase
Authorized capital increase
Conditional capital increase