UBS Group to Repurchase Up to $2 Billion of Its Own Stock for Share Buyback Program

Tuesday, 2 April 2024, 09:13

UBS Group has announced the resumption of its share buyback program with a planned repurchase of up to $2 billion of its own stock. The buybacks were previously halted following the acquisition of Credit Suisse last year. This move signals UBS's confidence in its financial position and reflects its commitment to returning value to shareholders.

https://store.livarava.com/8e17d703-f0d1-11ee-892f-87cc5c87fb08.jpg — UBS Group to Repurchase Up to $2 Billion of Its Own Stock for Share Buyback Program

UBS restarts share buybacks with program of up to $2 billion

UBS Group has announced that it plans to repurchase up to $2 billion of its own stock, restarting share buybacks that were put on hold last year due to its acquisition of Credit Suisse.

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