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Unum Group's Board of Directors Authorizes $1 Billion Share Repurchase Program

1. Unum Group will repurchase up to $1 billion in stock starting April 2025. 2. Current share repurchase program ends March 31, 2025, unused funds will expire.

Shares Buyback
+1.24%Current Return
VS
+0.24%S&P 500
$74.0202/18 05:01 PM EDTEvent Start
$74.9402/19 10:34 PM EDTLatest Updated
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FAQ

Why Bullish?

Stock buybacks typically signal confidence in future performance, potentially increasing UNM's share price.

How important is it?

The planned buyback indicates strong company fundamentals, likely boosting investor sentiment towards UNM.

Why Long Term?

While the repurchase begins in 2025, it reflects a strategic commitment to enhancing shareholder value.

Related Companies

UNMS&P 500NASDAQ
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that its board of directors has approved a share repurchase program authorizing the company to repurchase up to $1 billion of its common stock from time to time beginning on April 1, 2025. The board of directors also authorized the termination of the company's current share repurchase program as of March 31, 2025, with any unused amount under that program expiring as of that date. The timing and amount of share repurcha.

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