UBS launches buyback scheme for up to $2 billion in shares
Select your language
Generated with artificial intelligence.
Listening:
UBS launches buyback scheme for up to $2 billion in shares
UBS is starting a share buyback programme for up to $2 billion (CHF1.6 billion) in shares, in line with a plan approved at its annual general meeting (AGM) in April, the Swiss bank said on Monday.
+Get the most important news from Switzerland in your inbox
The buyback programme is due to start on July 1. UBS said it intends to repurchase up to $2 billion in shares during the second half of this year, as previously announced.
UBS shareholders approved the new buyback programme at its AGM in April. Under the programme, shares worth up to $3.5 billion may be acquired over two years for cancellation.
More
Swiss National Bank supports measures to increase UBS’s equity capital
The previous share buyback programme, which the bank launched in April 2024 and concluded in May 2025, repurchased a volume of just under $2 billion. This also includes the announced share buybacks totalling $1 billion in the first half of 2025.
UBS sticks to buybacks despite Federal Council plans
UBS had announced further buybacks of up to $2 billion for the second half of the year and is sticking to its plans even after the Federal Council’s decision on the planned tightening of capital requirements for systemically important Swiss banks. In addition, shareholders will continue to receive a dividend increase of around 10% in 2025.
However, UBS will not announce the total amount of the share buybacks and capital repayment in the coming year until the financial results for the full year 2025. The bank reiterated this in its press release on Monday.
Before the political discussion on capitalisation, the bank was aiming to return to pre-Credit Suisse takeover levels from 2026. UBS had bought back shares worth $5.6 billion in 2022.
What is your opinion? Join the debate:
External Content
More
Switzerland outlines stricter too-big-to-fail banking rules
Translated from German by DeepL/sb
We select the most relevant news for an international audience and use automatic translation tools to translate them into English. A journalist then reviews the translation for clarity and accuracy before publication.
Providing you with automatically translated news gives us the time to write more in-depth articles. The news stories we select have been written and carefully fact-checked by an external editorial team from news agencies such as Bloomberg or Keystone.
If you have any questions about how we work, write to us at english@swissinfo.ch
More
Why Switzerland is among the ten fastest-warming countries in the world
More
In Switzerland four out of ten people have a migrant background – who are they?
More
Suicides in Switzerland quadruple among older people
More
French gangs target luxury cars in Switzerland
More
Renewed controversy in Switzerland over US fighter jets – explained
In compliance with the JTI standards
More: SWI swissinfo.ch certified by the Journalism Trust Initiative
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.