Unum Group To Repurchase Up To $1 Bln Of Common Stock
(RTTNews) - Unum Group (UNM) announced that its board 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.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.