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UBS completes share repurchase program 2018 – 2021

Source: Fazzaco Maria Nikolova

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UBS Group AG, a Swiss multinational investment bank and financial services company, announced on 2 February 2021 that it has completed its three-year share repurchase program, which was launched on 26 March 2018.

According to the company's announcement, in total, 156,632,400 UBS Group AG shares were repurchased via a separate trading line on the SIX Swiss Exchange as part of this share repurchase program, representing 4.06% of the current registered share capital of UBS Group AG. The total repurchase volume amounted to CHF 1,999,999,800.

UBS Group AG intends to propose that shareholders approve the cancellation of shares purchased under this program at the next Annual General Meeting of UBS Group AG on 8 April 2021.

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