Unum Group Buyback
OLI recorded this information on 10/31/2023
Company:
Unum Group
Buyback:
UNM buyback
$Amount Authorized:
$500,000,000
Buyback Details:
Unum Group (NYSE:UNM) announced today that its board of directors has approved a share repurchase program authorizing the company to repurchase up to $500 million of its common stock from time to time beginning on January 1, 2024. This program follows the company's current share repurchase program, which expires on December 31, 2023.
Unum Group is an insurance holding company. Through its subsidiaries, Co. is a provider of financial protection benefits. Co. business segments are: Unum US, which includes group disability, group life and accidental death and dismemberment, and supplemental and voluntary lines of business; Unum International, which includes long-term disability, group life, and supplemental lines of business which include dental, individual disability, and critical illness products; and Colonial Life, which includes accident, sickness, and disability products consisting of dental and vision products, life products, and cancer and critical illness products.
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Avg. Broker Rec.
 
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Buy (3.08 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: UNM Stock Forecast Based on Zacks ABR data; powered by Xignite |
