18 Equity

Number of shares
Number of shares  2009 HY2008 YE
 
Shares issued 
Balance as at 1 January  35 084 55434 960 439
Conversion of convertible debt  124 115
Balance as at end of period  35 084 55435 084 554
 
Treasury shares 
Balance as at 1 January  4 619 4662 153 802
Purchases of treasury shares  1 604 0333 083 540
Sales of treasury shares  –2 990 819–576 630
Disposals of subsidiaries  –41 246
Balance as at end of period  3 232 6804 619 466


In the period under review, no convertible bonds were converted into Swiss Life Holding shares (2008: 124 115 Swiss Life Holding shares with a corresponding increase in share capital totalling CHF 3 million and an increase in share premium totalling CHF 20 million).

In 2008, 3 003 500 Swiss Life Holding shares were repurchased for CHF 686 million under the share buyback programme.

 
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