UBS announces new $2bn share buyback plan
By Benjamin Chiou
Date: Monday 30 Jun 2025
(Sharecast News) - Swiss banking giant UBS has announced a new $2bn share buyback programme following this month's announcement by the government of stricter capital rules.
UBS said the plan, which was approved at its AGM in April, will see it repurchase up to $2bn of shares over the next two years.
Repurchases will kick off on 1 July and take over the second half of the year.
It follows another $2bn buyback programme which finished recently after being announced in April 2024.
"UBS will communicate its 2026 capital return ambitions with its fourth quarter and full-year 2025 financial results early next year," the bank said in a statement.
The Swiss government announced three weeks ago that UBS would have to hold an extra $26bn in core equity tier one capital, raising the risk of reduced share repurchases as the bank bolsters its capital buffers.
However, while this represented $18bn in new capital compared with UBS's current levels, analysts had estimated the new rules would require the bank to increase new capital buffers by $20bn.
The new capital rules, which were announced in the wake of the UBS-Credit Suisse takeover, also include a requirement for UBS to fully capitalise its foreign units.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN