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News Wire / economy

UBS To Complete Three Billion Buyback By Q2

Bloomberg Radio Zurich 13d13d Impact 5
UBS confirmed its intention to return more cash to shareholders this year. This follows a quarter where net income surged to over $3 billion. The bank has already planned $3 billion in buybacks.

Topics

UBS shareholder returns banking

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Sources · 7 independent

Bloomberg Radio

“UBS has confirmed its intention to return more cash to shareholders this year. That's on top of the planned $3 billion of buybacks this after a quarter where profits surge net income coming in over $3 billion.”

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