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 is expanding its workforce, hiring over 200 positions across various departments in its national and international offices. The company, which has 10,500 employees in the U.S., U.K., Ireland, and Poland, focuses on entry-level roles to foster career growth and internal promotions. Unum offers a competitive benefits package, including medical insurance, student debt relief, and parental leave. In 2021, Unum reported revenues of $12 billion and paid $8.2 billion in benefits, reflecting its commitment to employee well-being and professional development.
Unum Group (NYSE: UNM) has authorized a $200 million share repurchase program effective January 1, 2023 through December 31, 2023. This decision follows the expiration of the previous program on December 31, 2022. Management will determine timing and amounts based on market conditions. Repurchases may occur through various methods, including open market transactions and accelerated programs. Unum, a leader in workplace benefits, reported $12.0 billion in revenue in 2021 and is recognized as one of the 2022 World's Most Ethical Companies.
Unum Group (NYSE: UNM) will be represented by President & CEO Rick McKenney and EVP/CFO Steve Zabel at the Goldman Sachs 2022 US Financial Services Conference. The presentation is scheduled for 3:40 p.m. EST on December 7, 2022, in New York City. They will discuss Unum's business strategy and future growth prospects. A live webcast will be available on Unum's Investor website. With over 170 years in providing workplace benefits, Unum reported $12 billion in revenues and $8.2 billion in benefits paid in 2021.
Unum Group (NYSE: UNM) has appointed Mary Wagnon as senior vice president and chief risk officer, Lynn Rice as senior vice president and chief accounting officer, and Matt Royal as senior vice president of investor relations and treasury. Wagnon, with over 25 years in financial roles, will lead enterprise risk management. Rice, a CPA with 30 years of experience, managed a $50 billion investment portfolio. Royal, previously chief auditor, is now responsible for strategic investor relations. Executive vice president Steven A. Zabel expressed confidence in their contributions to the company's growth.
Unum Group (UNM) reported a net income of $410.7 million ($2.04 per diluted share) for Q3 2022, a rise from $328.6 million ($1.60 per diluted share) in Q3 2021. The adjusted operating income was $303.7 million ($1.51 per diluted share), up from $210.5 million in the previous year. Premium income increased by 3.9% to $1.56 billion. The company maintained a strong balance sheet with over $1.1 billion in liquidity. However, book value per share declined by 20% to $43.49 year-over-year. The group disability line saw a significant increase in operating income, reflecting solid operational performance.
Unum Group announced enhancements to its Unum Dental Network, ensuring greater access to dental care for members. This network includes over 120,000 in-network providers and covers over 800,000 individuals nationwide. Unum aims to recruit more dentists through its streamlined operations, allowing members to reduce out-of-pocket costs. With its focus on user-friendly benefits, Unum continues to position itself as a leader in workplace benefits, backed by its $12.0 billion revenue and recognition as one of the 2022 World's Most Ethical Companies.
Unum Group (NYSE: UNM) has declared a quarterly dividend of $0.33 per share on its common stock, effective October 14, 2022. The dividend will be paid on November 18, 2022, to stockholders of record as of October 28, 2022. In 2021, Unum generated revenues of $12.0 billion and paid out $8.2 billion in benefits. The company is recognized as one of the 2022 World's Most Ethical Companies by Ethisphere®.
Unum Group (NYSE: UNM) will announce its third quarter 2022 financial results on November 1, 2022, at 4:15 p.m. EST. A conference call is scheduled for November 2 at 8 a.m. EST to discuss the results and provide forward-looking insights. The earnings release and financial details will be available on the Investors section of their website. Interested parties can join the call using provided access numbers. Unum has been a provider of workplace benefits for over 170 years.
Unum Group (NYSE: UNM) will be represented by President & CEO Rick McKenney and EVP/CFO Steve Zabel at the 2022 Barclays Global Financial Services Conference in New York on September 14, 2022, at 10:30 a.m. EST. They will discuss the company's business strategy and growth prospects. A live webcast will be available on Unum's investor website. Unum has been providing employee benefits for over 170 years, reporting $12.0 billion in revenue and $8.2 billion in benefits paid in 2021.
FAQ
What is the current stock price of Unum (UNM)?
What is the market cap of Unum (UNM)?
