Union Pacific Stock Price, News & Analysis

Union Pacific Corporation (NYSE: UNP) will participate in the Cowen 2020 Global Transportation & Sustainable Mobility Conference on September 9, 2020, at 8:40 a.m. ET. Lance Fritz, chairman, president, and CEO, along with Jennifer Hamann, executive VP and CFO, will speak at the event. Investors can access the live presentation and audio webcast via Union Pacific’s investor website. A replay will be available shortly after the event. Union Pacific operates in 23 western states, providing safe and efficient freight transportation while promoting environmentally responsible practices.

On August 31, 2020, Union Pacific Corporation (NYSE: UNP) announced the pricing terms for private offers to exchange certain outstanding notes for new notes due 2062 and cash. The total exchange price for each $1,000 principal amount of existing notes is set, which includes a $50 cash early exchange premium if tendered by August 28, 2020. The annual interest rate on the new notes is 2.973%. The exchange offers will expire on September 14, 2020, with settlement expected on September 16, 2020.

Union Pacific Corporation (NYSE: UNP) has announced the early results of its private Exchange Offers, offering to exchange outstanding notes for new notes due in 2062 and cash. The Exchange Offers Limit has been increased from $750 million to $1.045 billion. As of the Early Exchange Date on August 28, 2020, existing notes worth approximately $1.546 billion were tendered for exchange. The Exchange Offers will expire on September 14, 2020. Pricing for the offers will be determined today at 11:00 a.m. New York City time.

Union Pacific Railroad has appointed Craig Richardson as the interim executive vice president and chief legal officer as of August 28, 2020. He takes over from Rhonda Ferguson, who has left for a new opportunity after serving since 2016. Richardson previously held roles including vice president of commercial and regulatory law, overseeing legal affairs, compliance, and risk management. Chairman Lance Fritz expressed gratitude for Ferguson's contributions during a transformative period for the company.

Union Pacific has appointed Clarissa Beyah as its new Chief Communications Officer, effective immediately. She will oversee the railroad's corporate communications strategy, including media relations and employee communications. Beyah brings extensive experience from roles at Northwestern Mutual, GE Transportation, and Pfizer. Her leadership aims to enhance connections with stakeholders and support Union Pacific's transformation efforts. The company operates in 23 western states, providing environmentally responsible freight transportation services.

Union Pacific Corporation (UNP) announced the initiation of private offers to exchange certain outstanding notes for new notes due 2062 and cash. The exchange involves approximately $750 million of new notes and is restricted to 'Eligible Holders', defined as qualified institutional buyers or non-U.S. persons. The offers will expire on September 14, 2020, with an early exchange deadline on August 28, 2020. The new notes will bear interest at a rate of 1.25% plus 1.48%. The release states that the new notes are not registered under the Securities Act.

Union Pacific Corporation (NYSE: UNP) has declared a quarterly dividend of 97 cents per share on common stock, payable on September 30, 2020. Shareholders of record by August 31, 2020 will receive this dividend. This marks the 121st consecutive year of dividends paid by Union Pacific, reflecting the company's commitment to returning value to shareholders. The company operates in 23 western states, providing efficient transportation services and contributing to sustainable freight movement.

Union Pacific Corporation (NYSE: UNP) will host its second quarter 2020 earnings release presentation on July 23, 2020, at 8:45 a.m. ET. Investors can access the live broadcast via Union Pacific's website or through a dial-in option for domestic and international callers. The event is crucial for shareholders, offering insights into the company's financial performance during the second quarter. A recorded version and supporting materials will be archived online for those unable to attend the live presentation.

Union Pacific Corporation (NYSE: UNP) will host its second quarter 2020 earnings release presentation on July 23, 2020, at 8:45 a.m. ET. The earnings call will be accessible via the company's website and through dial-in telephone access. The presentation will cover financial performance and operational updates for the quarter.

For those unable to attend live, the presentation materials and archived call will be available on Union Pacific's investor relations webpage.