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 believe UOB’s share price could hit between $41 to $44 after FY2024 results and capital returns
Maybank is the most bullish with a target price of $44.32 while Morningstar's target price is the lowest at $41.
UOB beats expectations with Q4 profit up 8.6% to S$1.52 billion; announces S$3 billion capital distribution package
UOB on Wednesday (Feb 19) posted a net profit of S$1.52 billion for the fourth quarter ended December, up 8.6 per cent from S$1.4 billion in the previous corresponding period. Read more at The Business Times.
UOB's Q4 profit beats forecasts, unveils US$2.2 billion capital return
SINGAPORE: Singapore's United Overseas Bank (UOB) maintained its guidance for 2025 after posting on Wednesday (Feb 19) a 9 per cent rise in fourth-quarter net profit that beat expectations and announcing a S$3 billion (US$2.
UOB Reports Strong Q4 Profit Growth, Announces $2.24B Capital Return Plan
Singapores United Overseas Bank (OTC: UOVEY) reported a 9% year-on-year rise in Q4 net profit, surpassing analyst expectations. Net profit climbed to S$1.52 billion ($1.13 billion), driven by higher net interest income
UOB Plans $2.2 Billion Capital Return as Profit Meets Estimates
United Overseas Bank Ltd. announced a S$3 billion ($2.2 billion) plan to distribute excess capital over the next three years as it reported fourth-quarter profit that met expectations.
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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 ...
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UOB’s capital strategy leaves sufficient room for regional growth
UOB announces capital management initiatives with anniversary dividend and share buyback programme, supported by continued ...
NZD/USD: Unlikely to reach 0.5790 today – UOB Group
Scope for New Zealand Dollar (NZD) to rise further, but it is unlikely to reach 0.5790 today. In the longer run, boost in ...
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UOB net profit rises 6% to $6b in FY24
It will return $3b to shareholders over the next three years. UOB Group has reported a net profit of $6b for the financial ...
UOB announces $3 billion package of special dividends and share buybacks, Q4 profit up 9%
UOB is proposing a special dividend of 50 cents per share to be paid over two tranches in 2025, returning $0.8 billion of ...
EUR/USD: Has room to extend to 1.0530 – UOB Group
Impulsive advance has room to extend to 1.0530; a clear break above this level appears unlikely. In the longer run, ...