Unum Group (UNM) has approved a new share repurchase program allowing the company to buy back $1 billion of its common stock starting January 1, 2026. The current program will run until December 31, 2025, after which all repurchases will happen under the new program. This move is aimed at enhancing shareholder value and demonstrates the company’s confidence in its financial position. The decision reflects Unum Group’s commitment to returning capital to shareholders and supporting long-term growth. The announcement is expected to positively impact the company’s stock performance in the coming years.

Read more at Nasdaq: Unum Group Board Approves To Buy Back Up To $1 Bln Of Common Stock