XML 147 R12.htm IDEA: XBRL DOCUMENT v3.22.0.1
Share information; Earnings per share
 12 Months Ended
Dec. 31, 2021
Entity [Table]  
Share capital
Ordinary share capital
As
 
of
 
31
 
December
 
2021,
 
UBS
 
Group
 
AG
 
had
3,702,422,995
issued shares
 
with a nominal value
 
of CHF
0.10
 
each, leading to
a share
 
capital of CHF
370,242,299.50
. Shares
 
issued decreased
by
157
 
million and
 
share capital
 
decreased by
 
USD
16
 
million in
2021, as the
156,632,400
 
shares acquired under the 2018–2021
share
 
repurchase
 
program
 
were canceled
 
by means
 
of a
 
capital
reduction,
 
as
 
approved
 
by
 
shareholders
 
at
 
the
 
2021
 
Annual
General Meeting.
Conditional share capital
As of 31 December 2021, the
 
following conditional share capital
was available to UBS Group AG’s Board of Directors (BoD):
 
–
 
A
 
maximum
 
of
 
CHF
38,000,000
 
represented
 
by
 
up
 
to
380,000,000
 
fully paid registered shares with a
 
nominal value
of
 
CHF
0.10
 
each,
 
to
 
be
 
issued
 
through
 
the
 
voluntary
 
or
mandatory
 
exercise
 
of
 
conversion
 
rights
 
and
 
/
 
or
 
warrants
granted
 
in
 
connection
 
with
 
the
 
issuance
 
of
 
bonds
 
or
 
similar
financial
 
instruments
 
on
 
national
 
or
 
international
 
capital
markets. This conditional
 
capital
 
allowance
 
was approved
 
at
the
Extraordinary
 
General
 
Meeting
 
(the
 
EGM)
 
held
 
on
26 November
 
2014,
 
having
 
originally
 
been
 
approved
 
at
 
the
Annual General Meeting (AGM) of UBS
 
AG on 14 April 2010.
The BoD has not made use of such allowance.
A maximum
 
of CHF
12,170,583
 
represented by
121,705,830
fully paid
 
registered shares
 
with a
 
nominal value
 
of CHF
0.10
each,
 
to
 
be
 
issued
 
upon
 
exercise
 
of
 
employee
 
options
 
and
stock appreciation rights issued to employees and members of
the
 
management
 
and
 
of
 
the
 
BoD
 
of
 
UBS Group
 
AG
 
and
 
its
subsidiaries. This
 
conditional capital
 
allowance was
 
approved
by the shareholders at the same EGM in 2014.
Authorized share capital
UBS
 
Group
 
AG
 
had
 
no
 
authorized
 
capital
 
available
 
to
 
issue
 
on
31 December
2021
.
Share repurchase program
Share repurchase programs
In March
 
2018, UBS
 
initiated a
 
share repurchase
 
program of
 
up
to CHF
2
 
billion over a
 
three-year period. Under
 
this program, UBS
repurchas
ed
8
 
million
 
sha
res
for
 
a
 
total
 
acquisition
 
cost
 
of
 
USD
112
 
million
 
in
 
2021
 
(2020:
31
 
million
 
shares
 
for
 
a
 
total
acquisition cost of USD
364
 
million).
The 2018–2021
 
program was completed
 
on 2 February 2021
and the
156,632,400
 
shares acquired
 
under the
 
2018–2021 share
repurchase
 
program
 
were
 
canceled
 
by
 
means
 
of
 
a
 
capital
reduction,
 
as
 
approved
 
by
 
shareholders
 
at
 
the
 
2021
 
Annual
General Meeting.
In
 
February
 
2021,
 
UBS
 
commenced
 
a
 
new
 
three-year
 
share
repurchase program
 
of up
 
to CHF
4
 
billion. Under
 
this program,
UBS repurchased
153
 
million shares in 2021
 
for a total acquisition
cost of USD
2,500
 
million (CHF
2,294
 
million)
UBS AG  
Entity [Table]  
Share capital
Ordinary share capital
As
 
of
 
31 December
 
2021,
 
UBS
 
AG
 
had
3,858,408,466
 
issued
shares
 
(31 December
 
2020:
3,858,408,466
 
shares)
 
with
 
a
nominal
 
value
 
of
 
CHF
0.10
 
each,
 
leading
 
to
 
a
 
share
 
capital
 
of
CHF
385,840,846.60
.
 
The
 
shares
 
were
 
entirely
 
held
 
by
UBS Group AG.
Conditional share capital
As of 31 December 2021, the following
 
conditional share capital
was available to UBS AG’s Board of Directors (BoD):
 
–
 
A
 
maximum
 
of
 
CHF
 
38,000,000
 
represented
 
by
 
up
 
to
380,000,000
 
fully paid registered shares with a
 
nominal value
of
 
CHF
0.10
 
each,
 
to
 
be
 
issued
 
through
 
the
 
voluntary
 
or
mandatory
 
exercise
 
of
 
conversion
 
rights
 
and
 
/
 
or
 
warrants
granted
 
in
 
connection
 
with
 
the
 
issuance
 
of
 
bonds
 
or
 
similar
financial
 
instruments
 
on
 
national
 
or
 
international
 
capital
markets. This conditional
 
capital
 
allowance
 
was approved
 
at
the Annual General Meeting of UBS
 
AG on 14 April 2010. The
BoD has not made use of such allowance.
Authorized share capital
UBS
 
AG
 
had
 
no
 
authorized
 
capital
 
available
 
to
 
issue
 
on
31 December 2021.
Earnings per share
In
 
2015,
 
UBS
 
AG
 
shares
 
were
 
delisted
 
from
 
the
 
SIX
 
Swiss
Exchange and the New York Stock Exchange. As of 31 December
2021, 100% of UBS AG’s issued shares
 
were held by UBS Group
AG and therefore were not publicly traded. Accordingly, earnings
per share information is not provided for UBS AG.