|31 12 2016||Change
|31 12 2015||Change
|31 12 2014|
|Total number of shares||52,920,140||0||52,920,140||0||52,920,140|
|Shares reserved for share purchase plan (ESPP)||0||0||0||(86,785)||86,785|
|Shares reserved for long-term incentive plan (LTIP)||0||0||0||(113,845)||113,845|
|Total treasury shares||128,891||508,614||637,505||(268,123)||905,628|
|Total shares ranking for dividend at 31 December||52,791,249||(508,614)||52,282,635||268,123||52,014,512|
|Transferred shares between January and date of dividend payment of following year||n.a.||218,280||244,780|
|Total shares ranking for dividend at date of dividend payment||n.a.||52,500,915||52,259,292|
Share capital movements
|Share capital in CHF||52,920,140||0||52,920,140||0||52,920,140|
The share capital on 31 December 2016 and 2015 comprised 52,920,140 registered shares with a par value of CHF 1 each, amounting to CHF 52,920,140.
The share capital of Lonza Group Ltd may be increased through the issuance of a maximum of 5,029,860 fully paid-in registered shares with a par value CHF 1 each up to a maximum aggregate amount of CHF 5,029,860.
Authorized Capital 1
The Board of Directors shall be authorized to increase, at any time until 8 April 2017, the share capital of Lonza Group Ltd through the issuance of a maximum of 5,000,000 fully paid-in registered shares with a par value of CHF 1 each up to a maximum aggregate amount of CHF 5,000,000. The capital increases in the form of contingent capital and authorized capital may increase the share capital of Lonza Group Ltd by a maximum aggregate amount of CHF 5,029,860. The details and conditions are set out in Articles 4bis to 4quater of the Company’s Articles of Association.
At 31 December 2016, Lonza Group Ltd had a fully paid-in registered capital of CHF 52,920,140 and a contingent capital of CHF 5,029,860.
Reserves in the amount of CHF 26,460,070 (2015: CHF 26,460,070) included in the financial statements of the parent company cannot be distributed.
A dividend payment per share of CHF 2.75 (2015: CHF 2.50) is proposed to be made after the balance sheet date.