UBS Group AG [NYSE: UBS] has shared the annual general meeting report which is scheduled to take place on 8 April 2021. The Board of Directors of UBS Group has decided to use their voting rights through the independent proxy because of the ongoing COVID-19 pandemic. The firm has also revealed the agenda for the annual general meeting.
The agenda of the meeting includes the authorization of the UBS Group AG management report and secured and separated financial declaration for the 2020 financial year. The meeting will also include an advisory vote on the UBS Group AG Compensation Report 2020. The UBS meeting will also include the assumption of total profit and dissemination of ordinary dividends out of total profit and capital contribution reserve.
The agenda of the meeting will also include the re-election of members of the board of directors. The firm is planning to reelect Axel A. Weber as Chairman of the Board of Directors. The appointment of the new member to the members of directors and the appointment of the members of the compensation committee will also be expected.
The share of UBS Group AG went up 0.32% at $15.68 during the trading session of Tuesday. The firm has a day low and high range of $15.67 and $15.84, respectively. The firm has ROA, ROE, and ROI of 0.60%, 11.20%, and 1.20%. UBS Group has a total market capitalization of $60.23 billion at the time of writing. Furthermore, the meeting agenda also includes the amendments of the Articles of Association and the authorization of a new share buyback program 2021–2024.