UBS begins major share buy-back programme

UBS Stock News

UBS begins major share buy-back programme
Swiss BankShare BuybackSwiss Francs
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UBS has begun a share buyback program announced earlier this year, and repurchased 44.8 million Swiss francs ($50.21 million) worth of shares last week, the ...

ZURICH - UBS has begun a share buyback program announced earlier this year, and repurchased 44.8 million Swiss francs worth of shares last week, the Swiss bank said on Monday.Share buybacks and dividends are seen by analysts as a reason why investors are putting their money into UBS stock since its takeover of longtime rival Credit Suisse last year.

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