UBS announces a new share repurchase program of about $3 billion, with plans to complete the buybacks by the end of June. The decision comes after UBS reports a quarter that is described as beating forecasts, alongside an increase in net profit. According to the articles, the buyback authorization is intended to return capital to shareholders while UBS reports improved earnings performance. The outlets characterize the move as a response to stronger-than-expected operating results in the latest quarter rather than as a reaction to an external event. No additional details are provided in the supplied excerpts on the exact pacing of repurchases, the price parameters, or whether the program replaces or supplements any prior buyback authorizations. Overall, the reporting agrees that UBS is moving forward with the $3 billion buyback plan and that it follows a period of improved profitability and better-than-expected financial outcomes.