Shareholder structure

The Principality of Liechtenstein’s holding of 17.7 million LLB shares (57.5 % of the share capital) remained unchanged in 2019. In 2011, the Liechtenstein Government, as the representative of the majority shareholder, adopted the ownership strategy it has been pursuing in regards to the Principality’s equity stake in Liechtensteinische Landesbank AG ( It thereby explicitly supports the stock exchange listing of LLB and retains a majority stake of at least 51 per cent.

5.9 per cent of the shares were owned by the Haselsteiner Familien-Privatstiftung and the grosso Holding Gesellschaft mbH, both of which are domiciled in Austria, as at 31 December 2019 (see chapter “Corporate Center”).

LLB held 1.2 per cent (2018: 0.4 %) of its own shares (treasury shares) as at the end of the reporting year – this figure included the 400'000 registered shares that it acquired as part of the public share buy-back programme which it launched on 24 August 2018 and completed on 27 November 2019. The remaining registered shares were in free float, whereby none of the other shareholders held more than 3 per cent of the share capital.

Overall 89.5 per cent of the 30.8 million total registered shares were entered in the share register as at the end of the reporting year. 10.5 per cent, or 3'228'863 shares, were not registered.

Shareholder structure in per cent
Shareholder structure in percent (pie chart)