UBS Group AG said Tuesday that it will raise the accrual for the 2022 ordinary dividend to $0.55 a share from $0.51.
The board of directors plans to propose the dividend for approval by shareholders at the annual general meeting in 2023, UBS said.
UBS said its expects its share repurchases for 2022 to exceed the $5 billion goal it had previously set. It said it has bought back $4.1 billion of shares as of Friday.
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