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8.16 Own shares

As at 31 December 2017, Orell Füssli Holding AG held 964 of its own shares (2016: 448 own shares), which were acquired in connection with the equity participation plan of Group Management. In the 2017 financial year, 972 (2016: 448) of the company’s own shares were acquired at an average transaction price of CHF 128.37 (2016: CHF 123.95) and 456 were sold at an average transaction price of CHF 124.08 per share.