UBS says ‘on track’ to buy back $3B in shares by Q2 results

The company said, “Maintaining strong balance sheet and attractive capital returns supported by our capital-generative business model; CET1 capital ratio of 14.7% and 4.4% CET1 leverage ratio; accrued for mid-teens percentage growth in dividend and repurchased $0.9B of shares; on-track to buy back $3B in shares by 2Q results with aim to do more by year-end.”