Unum Group (UNM) Announces Accelerated Share Buyback of $350 Million
More News related to UNM
- Multiple Generations Look to Employers for Benefits Education
- Unum Group (UNM) volatility Elevated at 134
- Will Your Nest Egg Last as Long as You Do?
- Relational Investors Raises Stakes In Yahoo! (YHOO) and Sun Microsystems (JAVA), Shows New Stake In Schering-Plough (SGP)
- Unum Group (UNM) volatility Elevated at 104 following investor day
More News related to Stock Buybacks
- Palm (PALM) Takes the Ax to Q2 Guidance; Stock Down 17% After the Bell
- Mosaic (MOS) Issues Sales Warning; Shares Fall Another 9% in After-Hours Trading
- Jerry York Said $25B In Auto Loans Is Not Enough (GM, F)
- On CNBC, Meredith Whitney Said Consumer Credit is the Next Shoe to Drop
- Ford Motor (F) CEO Mulally Plans Roadtrip Back To DC
Unum Group (NYSE: UNM) announced that it has entered into an accelerated repurchase agreement with Deutsche Bank, AG London Branch (Deutsche Bank) to repurchase approximately $350 million of its outstanding common stock. This announcement follows the accelerated repurchase of $350 million of the company's stock executed in the first quarter of 2008 and completes the previously announced authorization by Unum's board of directors to repurchase up to $700 million of the company's stock.
Unum is one of the leading providers of employee benefits products and services and the largest provider of group and individual disability insurance in the United States and the United Kingdom.
Related Categories
Stock BuybacksStocks Mentioned
+0.00Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
