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Julius Baer announces CHF 600 million share buy-back programme
Julius Baer Group Ltd. has announced the launch of a new share buy-back programme of up to CHF 600 million. Following regulatory approval and citing a strong capital position, the Board of Directors expects the programme to begin in the coming weeks and conclude within one year. The shares will be repurchased via a second trading line on the SIX Swiss Exchange.
In addition to the buy-back, the Group is revising its capital distribution policy. Julius Baer intends to maintain a dividend payout ratio between 40% and 60% of IFRS net profit attributable to shareholders, with the ambition of providing a progressive dividend per share. The bank remains committed to a target CET1 capital ratio of 15% to ensure financial flexibility and long-term strategic growth.
Entities
Julius Baer Group Ltd. · Julius Bär Group AG · Noel Quinn · SIX Swiss Exchange · Stefan Bollinger
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Shares will be purchased via a second trading line on the SIX Swiss Exchange. www.it-boltwise.de · www.finanzen.net
- [● 2 SOURCES] The share buyback program is expected to start in the coming weeks and conclude within one year. www.it-boltwise.de · www.finanzen.net
- [○ 1 SOURCE] The group aims for a target CET1 capital ratio of 15%. www.finanzen.net
- [● 2 SOURCES] The group intends to maintain a dividend payout ratio between 40% and 60% of IFRS net profit attributable to shareholders. www.it-boltwise.de · www.finanzen.net
- [● 3 SOURCES] Julius Bär Group is launching a new share buyback program of up to CHF 600 million. www.it-boltwise.de · www.finanzen.net