NEW YORK, June 18, 2024--UBS AG announced today the Payment at Maturity of the UBS-issued UBS AG FI Enhanced Large Cap Growth ETNs due June 19, 2024 (the "ETNs"), as set forth in the following table.
UBS has set aside €900m (£760m) to help repay former Credit Suisse customers trapped in funds that were frozen after the collapse of Greensill Capital.
UBS has begun a share buyback program announced earlier this year, and repurchased 44.8 million Swiss francs ($50.21 million) worth of shares last week, the Swiss bank said on Monday. Share buybacks and dividends are seen by analysts as a reason why investors are putting their money into UBS stock since its takeover of longtime rival Credit Suisse last year.