News

#Dow Jones Newswires: UBS to raise 2022 dividend

“Dow Jones Newswires: UBS to raise 2022 dividend”

UBS Group AG said Tuesday that it will raise the accrual for the 2022 ordinary dividend to $0.55 a share from $0.51.

The adjustment marks an increase of 10% from the previous year’s dividend, the Swiss bank
UBS,
+1.93%

UBSG,
+1.80%
said.

The board of directors plans to propose the dividend for approval by shareholders at the annual general meeting in 2023, UBS said.

UBS said its expects its share repurchases for 2022 to exceed the $5 billion goal it had previously set. It said it has bought back $4.1 billion of shares as of Friday.

Write to Maitane Sardon at [email protected]

If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.

For forums sites go to Forum.BuradaBiliyorum.Com

If you want to read more News articles, you can visit our News category.

Source

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close

Please allow ads on our site

Please consider supporting us by disabling your ad blocker!