Tuesday, July 1, 2025
HomeBusinessUBS launches a share buy -back plan for $ 2 billion

UBS launches a share buy -back plan for $ 2 billion

The bank says it wants to buy these $ 2 billion in shares by the end of June 2027. The establishment intends to acquire up to 60.6 million of its own nominatives or 1.81% of its capital actions, which will be canceled by capital reduction.

As part of the repurchase program approved at its annual general meeting of April 10, UBS announces the launch of a new program over two years aimed at buying up to $ 2 billion (1.6 billion francs) of shares. This should start the 1is July.

In a press release, the three keys’ bank says it wants to buy these 2 billion dollars in stocks by the end of June 2027. The establishment intends to acquire up to 60.6 million of its own nominatives or 1.81% of its capital actions, which will be canceled by capital reduction.

She specifies that the program launched in April 2024 was closed after achieving its target of $ 2 billion in share buybacks.

UBS will communicate its ambitions in terms of capital performance for 2026 as well as its financial results from the fourth quarter and the year 2025 at the start of next year.

addison.bailey
addison.bailey
Addison is an arts and culture writer who explores the intersections of creativity, history, and modern societal trends through a thoughtful lens.
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