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.
The bank's CEO Wee Ee Cheong said an enlarged customer base and enhanced platforms in the region positions UOB well.
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' ...
United Overseas Bank (UOB) on Feb 19 announced a S$3bil package over the next three years to return surplus capital to ...
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UOB announces capital management initiatives with anniversary dividend and share buyback programme, supported by continued ...
United Overseas Bank joined larger rival DBS Group in returning excess capital to shareholders after delivering record-high ...
Singapore-based United Overseas Bank Ltd (UOB) has launched a "green lane" with Invest Johor to fast-track investments into ...
Singapore stocks up on budget, UOB results and shareholder returns * Indonesian stocks snap a three-day rally, rupiah down 0.6% * Bank Indonesia rate decision awaited * South Korean stocks up for ...
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