UBS Group updates share buyback plans, targets $3 billion by second quarter

12 articles · Updated · The Wall Street Journal · Apr 29

UBS now expects to complete its $3 billion buyback commitment by Q2 2026, up from a previous $2 billion first-half target, with potential for further buybacks by year-end.
The Swiss bank reported a first-quarter net profit beating consensus by 37% and net new wealth management assets of $37.4 billion, driving shares up as much as 4.7%.
Analysts anticipate upward earnings revisions and positive share price momentum, with UBS’s strong capital position and renewed U.S. wealth inflows supporting a robust outlook for 2026.

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