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Stock impact report

UBS proposes a $0.70 per share dividend in 2023; to initiate share repurchase up to $1B [Seeking Alpha]

Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI) 
Company Research Source: Seeking Alpha
The dividend will be paid on May 3; for shareholders of record May 2; ex-div April 30, subject to approval at the Annual General Meeting, which is scheduled for April 24. The company said that it remains dedicated to progressive dividends and expect a mid-teen percentage rise in the dividend per share for the fiscal year 2024. "We repurchased $1.3 billion in shares in 2023 before announcing the deal. In 2024, we aim to repurchase up to $1 billion of our shares, beginning after UBS AG and Credit Suisse AG's merger is completed. Recommended For You Recommended For You About UBS Stock Related Stocks Trending Analysis Trending News Show less Read more
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