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UOB Group launches $3b Capital Distribution Package for shareholders

The group also introduced a $2b share buyback programme.

UOB Group has announced a $3b capital distribution package comprising special dividends and share buybacks to reward shareholders over the next three years.

The package includes a special dividend of 50 cents per ordinary share, amounting to $0.8 billion, which will be distributed in two tranches in 2025. This payout also marks UOB’s 90th anniversary.

Additionally, a $2bn share buyback programme has been introduced. Shares repurchased from the open market under this programme will be cancelled, excluding those allocated for the bank's long-term employee incentive plans.

UOB stated that its capital position will remain robust following the distribution, with the package expected to optimise the Group’s Common Equity Tier 1 Capital Adequacy Ratio by 1 percentage point based on its 31 December 2024 capital position.

“Our strong capital position reflects how we have strategically reshaped our business in recent years,” said Wee Ee Cheong, UOB’s Deputy Chairman and CEO.

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