UNUM GROUP (NYSE:UNM) Files An 8-K Other Events
Item 8.01
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Other Events.
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its Board of Directors has authorized the repurchase of up to
$750 million of its common stock through November 25, 2018. This
new authorization replaces the previous authorization of $750
million that was scheduled to expire on November 26, 2017. The
timing and amount of any share repurchases under the new
authorization, which may be made in the open market or in
privately negotiated transactions, including accelerated share
repurchase transactions, will be determined by management based
on market conditions and other considerations. The program may be
modified, extended or terminated by the Board of Directors at any
time. A copy of the news release concerning the share repurchase
authorization is attached hereto as Exhibit 99.1 and incorporated
herein by reference.
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Item 9.01
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Financial Statements and Exhibits.
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(d) Exhibits.
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The following exhibit is filed with this report:
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99.1
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News release of Unum Group dated May 25, 2017,
concerning share repurchase authorization. |
About UNUM GROUP (NYSE:UNM)
Unum Group is a provider of disability insurance products in the United States and the United Kingdom. The Company provides a portfolio of other insurance products, including employer and employee paid group benefits, life insurance and other related services. Its segments are Unum US, Unum UK, Colonial Life, Closed Block and Corporate. The Unum US segment includes group long-term and short-term disability insurance, group life and accidental death and dismemberment products, and supplemental and voluntary lines of business. The Unum UK segment includes insurance for group long-term disability, group life, and supplemental lines of business, which include individual disability and critical illness products. The Colonial Life segment includes insurance for accident, sickness, and disability products, life products, and cancer and critical illness products. The Closed Block segment consists of individual disability, group and individual long-term care, and other insurance products. UNUM GROUP (NYSE:UNM) Recent Trading Information
UNUM GROUP (NYSE:UNM) closed its last trading session up +0.16 at 45.55 with 894,080 shares trading hands.
