UBS Plans Special Payout to Investors as Capital Rises
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UBS AG, Switzerland’s largest bank, said it plans a special payout for investors on top of higher dividends after it reaches capital targets this year. The shares rose.
UBS will pay out at least 25 centimes a share after reorganizing to satisfy regulators’ demands for separate legal entities in different regions, the Zurich-based bank said today. The structural changes will reduce its capital requirements, said UBS, which reached a common equity ratio above its 13 percent goal at the end of March.