UBS formalized on Monday the launch of a new share buy -back program in the amount of two billion dollars, an announcement which made its title progress this morning on the stock market in Zurich.
In a press release, the Swiss private banking indicates that these securities takeover will start on Tuesday July 1 to focus only on the second half of the financial year.
The previous plan, which was launched in April 2024, was completed following the acquisition of two billion dollars in shares, as initially planned.
In view of the recent strengthening of the capital requirements decided by the Swiss authorities, it is above all the distribution policy of the Swiss establishment for the next financial years that worries investors.
As such, UBS indicates that it will reveal its intentions relating to the remuneration of shareholders for 2026 during the publication of its 2025 financial results, scheduled for next year.
Following these announcements, the UBS action won more than 1% on the SMI on Monday morning, but still accuses a decline of 2% since the beginning of the year, always penalized by the uncertainties surrounding its capital.
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