ZURICH (Reuters) – UBS Group AG plans to increase its dividend to $0.55 per share and anticipates its share repurchases will exceed $5 billion for 2022, the Swiss bank said on Tuesday.
It said it would provide guidance on next year’s capital return with fourth-quarter earnings and expects “to continue to have share repurchases and a progressive dividend”, it added.
(Reporting by Michael Shields; Editing by Christopher Cushing)
