The price seem like showing rejection of the high and we may see a reversal indication!
Pls dyodd.
UOB reported a record net profit of S$6.0 billion, up 6%, for FY24, with a
final dividend of 92 cents per ordinary share.
As part of the Bank’s capital distribution strategy, the Board announced a S$3 billion package to distribute surplus capital over the next three years. The package comprises special dividends and share buybacks. A special dividend of 50 cents per ordinary share is recommended in 2025, distributing S$0.8 billion of UOB’s surplus capital. This is also to mark the Bank’s 90th anniversary. In addition, a new share buyback programme of S$2 billion has been introduced.
NICE set of financial numbers!
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