STOCK TITAN
  1. Home
  2. News
  3. UVV

Universal Corp. - UVV STOCK NEWS

Welcome to our dedicated news page for Universal (Ticker: UVV), a resource for investors and traders seeking the latest updates and insights on Universal.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Universal's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Universal's position in the market.

News
Universal Corporation Reports Third Quarter Results
Rhea-AI Summary
Universal Corporation (UVV) reported strong financial and operational performance in the third quarter of fiscal year 2024, with a 13% increase in operating income and a 28% increase in net income compared to the same period in fiscal year 2023. The tobacco business performed well due to a favorable product mix and strong demand, leading to improved margins and larger crops in Africa. The company is also making progress in expanding its ingredients business and advancing its global sustainability agenda.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.97%
Tags
earnings
-
News
Universal Corporation Announces Quarterly Dividend
Rhea-AI Summary
Universal Corporation (NYSE: UVV) declared a quarterly dividend of $0.80 per share, payable on May 6, 2024. The company is a global agri-products supplier, with a focus on tobacco and plant-based ingredients. It operates in over 30 countries and has been in business for over 100 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.97%
Tags
dividends
-
News
Universal Corporation Announces Conference Call
Rhea-AI Summary
Universal Corporation (NYSE: UVV) will webcast its conference call on February 7, 2024, following the release of its results for the third quarter of fiscal year 2024. The company is a global agri-products supplier to consumer product manufacturers, operating in over 30 countries on five continents. The conference call will be available online on a listen-only basis, and a replay will be accessible through May 7, 2024. Universal Corporation's principal focus has been tobacco, and it is the leading global leaf tobacco supplier. Additionally, the company provides plant-based ingredients and specialty vegetable- and fruit-based ingredients as well as botanical extracts and flavorings for the food and beverage end markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
none
News
Universal Corporation Announces Progress Towards Climate Goals
Rhea-AI Summary
Universal Corporation (NYSE:UVV) has entered into a virtual power purchase agreement (VPPA) with Clearway Energy Group for energy produced by a new solar project in Texas, aiming to address emissions from 100 percent of its annual purchased electricity demand in the United States. The project is expected to reduce greenhouse gas emissions by approximately 15,000 metric tons, which is 45% of Universal's Scope 1 and 2 emissions in the United States. The company also expects to create an estimated 350 construction jobs and produce significant new tax revenue for the local community over the life of its operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
none
-
News
Universal Corporation Releases 2023 Sustainability Report
Rhea-AI Summary
Universal Corporation (NYSE: UVV) has released its 2023 Sustainability Report, highlighting the company's efforts to promote sustainability and contribute to global sustainability goals. The report focuses on environmental, social, and supply chain goals, prepared with reference to GRI Standards and SASB Agriculture Products Standard. Universal Corporation is a global agri-products supplier, operating in over 30 countries on five continents, and has been meeting customers' agri-product needs for over 100 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
Tags
none
-
News
Universal Corporation Reports Second Quarter Results
Rhea-AI Summary
Universal Corporation reports strong performance in fiscal year 2024 with operating income up 30% and 46% for the six months and quarter ended September 30, 2023, compared to the same periods in 2022. Gross profit margins improved, driven by positive contributions from the ingredients companies. The Tobacco Operations segment delivered robust performance due to high demand for leaf tobacco. The Ingredients Operations segment saw improvement in the second quarter of fiscal year 2024 compared to the first quarter, with supply chain normalization and stabilized customer demand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.38%
Tags
earnings
News
Universal Corporation Announces Quarterly Dividend
Rhea-AI Summary
Universal Corporation (NYSE: UVV) has declared a quarterly dividend of $0.80 per share on the common shares of the Company. The dividend will be payable on February 5, 2024, to common shareholders of record on January 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.38%
Tags
dividends
-
News
Universal Corporation Announces Conference Call
Rhea-AI Summary
Universal Corporation (NYSE:UVV) will webcast its conference call on November 2, 2023, following the release of its results for the second quarter of fiscal year 2024 after market close on that date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.07%
Tags
none
-
News
Universal Corporation Reports First Quarter Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.74%
Tags
earnings
News
Universal Corporation Announces Quarterly Dividend
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.74%
Tags
dividends
Stock UVV logo
Universal Corp.

NYSE:UVV

UVV Rankings

#2242 Ranked by Market Cap
#2829 Ranked by Stock Gains
#479 Ranked by Dividends

UVV Stock Data

1.19B
24.13M
2.89%
85.4%
0.93%
Tobacco Manufacturing
Manufacturing
Link
US
Richmond

About UVV

over 100 years ago, jaquelin taylor started a company that has grown to become the leader in the global leaf tobacco business, and, today, we’re excited to contemplate future opportunities. but, some things won’t change, like our commitment to setting industry standards in providing products that are responsibly‐sourced and processed with transparency and our dedication to cultivating stronger ties with the various communities that we both serve and depend on, including, our investors, our customers, and our growers.