UOB Plans $2.2 Billion Capital Return
Singapore bank UOB hits record high after Q4 earnings beat, $2.2 billion capital return
Shares of Singapore's United Overseas Bank, or UOB , hit a record high on Wednesday after it posted a 9% rise in fourth-quarter net profit that beat expectations and announced a S$3 billion ($2.24 billion) package to return surplus capital to investors.
ANALYSTS have raised their target prices for UOB after the lender on Wednesday (Feb 19) posted full-year net profit that ...
The bank’s CEO, Wee Ee Cheong, said an enlarged customer base and enhanced platforms in the region position UOB well.
UOB announces capital management initiatives with anniversary dividend and share buyback programme, supported by continued ...
The group also introduced a $2b share buyback programme. UOB Group has announced a $3b capital distribution package ...
UOB is proposing a special dividend of 50 cents per share to be paid over two tranches in 2025, returning $0.8 billion of ...
We believe both Johor and Singapore coming together gives a lot of opportunity and we genuinely feel that we can help' ...
The US Dollar (USD) is expected to trade between 7.2700 and 7.2900 against the Chinese Yuan (CNH). In the longer run, a ...
UOB will distribute S$3 billion in surplus capital over three years, including a S$0.50 special dividend and a S$2 billion ...
In a report released today, Lim Rui Wen from DBS maintained a Buy rating on UOB (UOVEF – Research Report), with a price target of S$43.00. The ...
United Overseas Bank (UOB) on Feb 19 announced a S$3bil package over the next three years to return surplus capital to ...
SINGAPORE equities closed higher on Wednesday (Feb 19), as investors digested company earnings reports and the country’s ...
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