UBS Boosts Share Buyback
UBS trounces profit forecasts, $3 billion share buyback conditional on capital rules
UBS Group posted fourth-quarter profit that beat forecasts by a wide margin and said it would buy back up to $3 billion in shares this year if there were no major changes to bank capital rules in Switzerland in the near term.
UBS plans $3bn share buyback on stronger than expected results
UBS blew past expectations during the fourth quarter with $770mn in net profit, boosted by a strong performance at its investment bank, and announced $3bn in share buybacks on Tuesday. Quarterly profit was significantly higher than analysts’ forecasts of $483mn,
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Getty Images Capital stock and treasury stock both describe two different types of a company's shares. Capital stock is the total amount of outstanding shares a company is authorized to ...
Shares of Tata Motors gained 0.35 per cent to ₹716 on the BSE at 11.27 am on Saturday, after the company allotted 64,319 new ordinary shares to its employees under an existing employee stock option ...
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