Banks UBS launches another billion share buyback program
UBS is launching its announced new share buyback program just in time for the start of the second half of the year. The start of the buyback of shares worth up to USD 2 billion is scheduled for July 1, 2025, the major bank announced on Monday.
30.06.2025, 07:55
SDA
UBS shareholders approved the new buyback program at the Annual General Meeting in April. Under the 2025 share buyback program, shares worth up to USD 3.5 billion may be acquired over two years for the purpose of cancellation.
The previous share buyback program, which the bank launched in April 2024 and completed in May 2025, repurchased a volume of just under USD 2 billion. This includes the announced share buybacks of 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 percent in 2025.
However, UBS will not announce the total amount of the share buybacks and capital reduction 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 capitalization, the bank was actually aiming to return to pre-CS takeover levels from 2026. UBS had bought back shares worth 5.6 billion in 2022.
