UBS to accrue for anticipated 2022 dividend of USD 0.55 per share; anticipates share repurchases will exceed USD 5 billion for 2022.
Zurich / Basel, 13 September 2022 – UBS will adjust its accrual for the 2022 ordinary dividend from USD 0.51 to USD 0.55 per share – an increase of 10 % compared to the previous year. The Board intends to propose the dividend for approval by shareholders at the Annual General Meeting to be held in 2023.
In addition, UBS expects share repurchases to exceed the USD 5bn goal for the year 2022. As of September 9, 2022, UBS has bought back USD 4.1billion of shares.
We will provide guidance on next year’s capital return at our fourth quarter earnings presentation and expect to continue to have share repurchases and a progressive dividend.