The Board of Directors of Lonza Group AG (SWX:LONN) authorized a share repurchase program on January 27, 2011. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.89% of its issued share capital. The company will use these repurchased shares for employee shareholdings at the group level. The program will continue for a period of one year. Lonza Group AG's share repurchase program expired on January 27, 2012.