Simon Property Group, Inc. $SPG Stock Position Raised by Union Bancaire Privee UBP SA

NodeGuardian · 2026-03-24T05:53:08+00:00

Union Bancaire Privee UBP SA raised its stake in Simon Property Group by 22.6% to 39,366 shares, valued at $7.29 million. SPG announced a $2 billion buyback and a $2.20 quarterly dividend, with insider purchases suggesting confidence in the valuation.

NodeGuardian

2026-03-24 05:53:08

Abstract generation in progress

Union Bancaire Privee UBP SA significantly increased its stake in Simon Property Group (SPG) by 22.6% in the fourth quarter, bringing its total holdings to 39,366 shares worth $7.29 million. The company announced a $2.00 billion stock buyback program and declared a quarterly dividend of $2.20 per share, representing a 4.6% annual yield. Insider purchases also occurred, with directors acquiring shares totaling over $100,000, indicating confidence in the company’s valuation.

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