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UBS unveils $3B repurchase plan after Q2 net profit rises (UBS:NYSE)

UBS Group (UBS) announced a new $3B share repurchase program after reporting a surge in investment banking activity and continued business momentum.

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UBS unveils $3B repurchase plan after Q2 net profit rises (UBS:NYSE)
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UBS Group (UBS) announced a new $3B share repurchase program after reporting a surge in investment banking activity and continued business momentum.

UBS unveils $3B repurchase plan after Q2 net profit rises (UBS:NYSE) | Seeking Alpha

Michael Derrer Fuchs

UBS Group (

UBS

) announced a new $3B share repurchase program after reporting a surge in investment banking activity and continued business momentum.

Under the

program

, UBS intends to repurchase up to a maximum of $3B of its registered shares. The buyback will

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