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Finance

UBS starts buyback programme for up to $2 billion in shares

Published by Global Banking and Finance Review

Posted on June 30, 2025

Featured image for article about Finance

ZURICH (Reuters) -UBS is starting a share buyback programme for up to $2 billion in shares, in line with a plan approved at its annual general meeting in April, the Swiss bank said on Monday.

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 said in a statement that it would set out its 2026 capital return ambitions with its fourth quarter and full-year 2025 financial results early next year.

(Writing by Dave Graham, Editing by Friederike Heine)