Julius Baer Announces CHF 600 Million Share Buy-Back And Revised Capital Distribution Policy

By Reuters News

- JULIUS BAER GRUPPE AG BAER.S:

  • JULIUS BAER ANNOUNCES CHF 600 MILLION SHARE BUY-BACK AND REVISED CAPITAL DISTRIBUTION POLICY

  • SHARE BUY-BACK PROGRAMME EXPECTED TO COMPLETE WITHIN ONE YEAR

  • SHARES TO BE REPURCHASED VIA SECOND TRADING LINE ON SIX SWISS EXCHANGE

  • ANNOUNCES REVISED CAPITAL DISTRIBUTION POLICY

  • TARGETS CET1 CAPITAL RATIO OF 15%

  • INTENDS DIVIDEND PAYOUT RANGE OF 40%-60% OF IFRS NET PROFIT

Further company coverage: BAER.S

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk