News•Mar 12, 2026
Capital Increase on the Stock Exchange
The article explains how listed companies can repeatedly raise equity through capital increases after an IPO, distinguishing actual and nominal increases. It outlines why firms choose equity financing over debt, citing growth, M&A, balance‑sheet strength, and liquidity benefits. Various Swiss‑law mechanisms—ordinary increase, conditional increase, and the flexible capital band—are described, along with market‑infrastructure tools such as rights issues, accelerated bookbuilding, private placements, and separate trading lines. The piece also contrasts capital reductions, highlighting their strategic signals for investors.
By SIX Swiss Exchange – ETFs (news/resources)