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UOB shares rise after CEO hints at potential share buyback

United Overseas Bank Ltd. shares surged by 5.6% following CEO Wee Ee Cheong's announcement at an earnings briefing that the bank would consider a share buyback among other options. The stock is now trading at a record high, mirroring the recent performance of DBS Group Holdings Ltd., which also experienced a significant rise after revealing a new share buyback program.
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