The Nobel Biocare share

Share information

Listing   SIX Swiss Exchange
Security number   003785164
ISIN number   CH0037851646
Reuters   NOBN.VX
Bloomberg   NOBN VX

Further capital and share-related information may be found in the Corporate Governance section.

Dividend policy and proposal

Nobel Biocare’s dividend policy is based on the capital management principles as outlined here and should reflect the Group’s long-term financial development, taking into account the need for investments and the expected economic fluctuations in particular years. It is designed to maintain attractive dividend yields for investors and an affordable payout ratio of between 35 percent and 45 percent (calculated as dividend in percentage of available profit for the year) as a general target.

For 2011, the Board of Directors proposes a dividend of CHF 0.15 (2010: CHF 0.35). The proposed dividend for the 2011 financial year is equivalent to 38 percent of profit after tax (2010: 75 percent).

Share trends and turnover

  2011 2010
     
Share price at year-end   CHF 10.92   CHF 17.63
Market value   CHF 1'352 mn   CHF 2'182 mn
Variance   –38.1%   –49.3%
All-year high   CHF 20.78   CHF 36.15
Date   16 Feb 2011   04 Jan 2010
All-year low   CHF 7.76   CHF 15.20
Date   23 Sep 2011   03 Nov 2010
Trading volume (shares)   293.0 mn   303.0 mn
Average per day   1'153'724   1'192'882

The analysts listed here follow the Nobel Biocare share. Please note that any opinions, estimates or forecasts regarding Nobel Biocare’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Nobel Biocare or its management. Nobel Biocare does not by its reference above imply its endorsement of or concurrence with such information, conclusions or recommendations.

Share data1

  2011 2010 2009 2008 2007 2006
Shares on 31 December (number) 123'784'530   123'784'530   123'784'530   124'316'530   132'828'970   131'496'125
Average number of shares (number) 122'775'158   123'035'900   123'276'298   122'269'517   123'439'020   124'789'750
Shares after full conversion 2 (number) 149'032'150   149'032'150   149'032'620   124'564'150   133'086'590   133'086'590
Share price 31 December (CHF) 10.92   17.63   34.78   21.42   60.60   72.05
Market value 31 December (CHF mn) 1'352   2'182   4'305   2'663   8'049   9'474
Dividend per share 3 (CHF) 0.15   0.35   0.55   0.55   0.95   0.85
Yield 3 (%) 1.37   1.99   1.58   2.57   1.57   1.18
Dividend percentage 3 (%) 38   75   43   41   46   45
Basic earnings per share (EUR) 0.32   0.37   0.86   0.90   1.35   1.27
Diluted earnings per share (EUR) 0.32   0.37   0.85   0.90   1.34   1.26
Equity per share (EUR) 2.27   2.59   2.58   2.19   2.17   2.89
Equity per share after full conversion (EUR) 1.89   2.15   2.13   2.15   2.01   2.71
Cash flow from operations per share (EUR) 0.76   0.79   1.44   1.38   1.09   1.28
P/E ratio after tax   27   34   27   16   27   35

1 Numbers prior to 2008 adjusted to reflect 1:5 share split
2 Includes conditional capital of 25’247’620 shares
3 Proposed dividend for 2011