Welcome to our dedicated page for Unum news (Ticker: UNM), a resource for investors and traders seeking the latest updates and insights on Unum stock.
Unum Group (NYSE: UNM), a leading provider of workplace benefits and income protection insurance, maintains this dedicated news hub for investors and industry stakeholders. Access timely updates including earnings reports, regulatory filings, leadership announcements, and product developments directly impacting the company's market position.
This resource centralizes Unum's financial disclosures, strategic initiatives, and operational updates across its core segments: Unum US, Colonial Life, and international markets. Users will find essential information about disability insurance innovations, group life coverage expansions, and voluntary benefits program enhancements.
Key content categories include quarterly earnings analyses, merger/acquisition activity, dividend declarations, and corporate responsibility updates. All materials are sourced from official channels to ensure accuracy for those monitoring UNM stock performance or evaluating the insurance sector.
Bookmark this page for streamlined access to Unum's latest developments. Combine these updates with SEC filings and market analysis tools available on Stock Titan for comprehensive investment research.
Unum Group (NYSE: UNM) reported a net income of $328.6 million ($1.60 per diluted share) for Q3 2021, up from $231.1 million ($1.13 per diluted share) in Q3 2020. This includes a net after-tax reserve decrease of $143.3 million and an impairment loss of $9.6 million. Adjusted operating income fell to $210.5 million from $245.9 million year-over-year. The US segment saw a significant decrease in adjusted income, particularly in group disability. Despite challenges from COVID-19, sales and premiums grew. A $250 million share repurchase was announced, reflecting strong capital management.
Unum Group (NYSE: UNM) has authorized a $250 million share repurchase program, effective through December 31, 2022. This initiative allows for open market purchases and privately negotiated transactions, subject to management's discretion based on market conditions. The company plans to update its capital management strategy during its third-quarter earnings call on November 3, 2021. In 2020, Unum reported revenues of $13.2 billion and paid $7.6 billion in benefits, further affirming its commitment to shareholder value.
On October 15, 2021, Unum Group (NYSE: UNM) announced a quarterly dividend of $0.30 per share on its common stock. The dividend is set to be paid on November 19, 2021, to stockholders on record as of October 29, 2021. This dividend reflects Unum's ongoing commitment to returning value to shareholders. In 2020, the company reported revenues of $13.2 billion and paid out $7.6 billion in benefits, indicating its strong financial position in the workplace benefits market.
Unum Group (NYSE: UNM) will announce its third quarter 2021 results on November 2 at 4:15 p.m. EST. The earnings release and financial supplement will be available on the company's Investor website. Senior management will follow up with a conference call on November 3 at 8 a.m. EST, discussing operational results and future guidance. A live webcast will be accessible, and a recording will be available until November 10. In 2020, Unum reported revenues of $13.2 billion and paid $7.6 billion in benefits.
Unum (NYSE: UNM) and Colonial Life have partnered with Nayya to enhance the benefits enrollment experience for employees. This collaboration leverages AI and data science to offer personalized guidance, helping employees make informed decisions during open enrollment and life events. The U.S. healthcare costs continue to rise, leading to significant medical debt for many Americans. The partnership aims to empower consumers with data-driven insights for selecting benefits, improving financial wellness outcomes. Unum reported $13.2 billion in revenues for 2020 and paid out $7.6 billion in benefits.
Unum Group (NYSE: UNM) will be represented by President & CEO Rick McKenney at the 2021 Barclays Global Financial Services Conference on September 13, 2021, at 11:15 a.m. EST. McKenney will outline the company's business strategy and future growth prospects. A live webcast of the presentation will be accessible via Unum's website.
Unum is a leading provider of workplace benefits, with reported revenues of $13.2 billion in 2020.
Unum Group (NYSE: UNM) reported a net income of $182.9 million ($0.89 per diluted share) for Q2 2021, down from $265.5 million ($1.30 per diluted share) in Q2 2020. The results included a $53.2 million cost for early debt retirement and a $24.2 million tax expense. Adjusted operating income rose to $286.2 million ($1.39 per diluted share), reflecting a strong performance amid improving COVID conditions. The company expects a smaller decline in after-tax adjusted operating income for the full year, now anticipated to be 1-3% compared to 5-6% previously.
On July 16, 2021, Unum Group (NYSE: UNM) announced a quarterly dividend of $0.30 per share, payable on August 20, 2021, to stockholders of record as of July 30, 2021. This move reflects the company's commitment to providing value to its shareholders. In 2020, Unum reported revenues of $13.2 billion and distributed $7.6 billion in benefits, highlighting its role as a leading provider of financial protection benefits through its various subsidiaries, including Unum US, Unum UK, Unum Poland, and Colonial Life.
Unum Group (NYSE: UNM) will release its Q2 2021 results on August 3, 2021, at approximately 4:15 PM EST. The earnings release will be available on the company's website. A conference call is scheduled for August 4, 2021, at 8 AM EST, where management will discuss operational results and provide forward-looking guidance. Participants can join via phone or listen to a live webcast.
Unum reported $13.2 billion in revenues in 2020, offering a range of financial protection benefits globally.
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