January 22, 2018 / 9:35 AM / 8 months ago

BRIEF-UBS CFO: 2 bln Sfr a 'starting point' for share buyback programme

Jan 22 (Reuters) - Ubs Group Ag:

* CEO SAYS COMFORTABLE REMAINING LITIGATION ISSUES MANAGEABLE, BUT WILL TAKE TIME TO RESOLVE‍​

* CEO SAYS DISCIPLINED EXECUTION REMAINS OUR NUMBER ONE PRIORITY

* CEO SAYS WILL LIKELY MAKE SMALL ACQUISITIONS IN WEALTH MANAGEMENT TO EXPAND POSITION IN ATTRACTIVE REGIONS AND SEGMENTS

* CFO SAYS EXPECTS ROUGHLY 500 MILLION SFR RESTRUCTURING COSTS IN 2018

* CFO SAYS STARTING POINT FOR SHARE BUYBACK PROGRAMME IS 2 BILLION SFR BUT WOULD EXPECT TO CONSIDER MORE GOING FORWARD Further company coverage: (Reporting by Brenna Hughes Neghaiwi)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below