13.12.2013 14:36:56

Unum Group To Buy Back Up To $750 Mln Of Stock - Quick Facts

(RTTNews) - Unum Group (UNM) announced Friday that its board has authorized the repurchase of up to $750 million of the company's outstanding common stock through June 12, 2015. The company said that the new authorization replaced the previous authorization of $750 million that was scheduled to expire on January 31, 2014.

"This action by our Board of Directors reflects the confidence we have in our business plan, including our ability to continue to generate capital," said Thomas Watjen, president and chief executive officer.

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