UBS flags $3 billion in new buybacks by end-June after forecast-beating quarter

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UBS flags $3 billion in new buybacks by end-June after forecast-beating quarter

AI Summary

UBS announced plans to repurchase $3 billion of its shares by the end of June following a quarter that exceeded financial forecasts. This move reflects the bank's confidence in its profitability and capital position.

Markets Deals UBS share buybacks quarterly earnings financial forecast banking sector

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