After $13.1B in revenue, Unum Group (NYSE: UNM) readies 2026 buyback plan
Rhea-AI Filing Summary
Unum Group (UNM) announced that its board of directors has authorized a new share repurchase program allowing the company to buy back up to $1 billion of its common stock from time to time beginning on September 1, 2026.
The existing repurchase program will remain in effect through August 31, 2026, after which all repurchases will occur under the new authorization. Repurchases may be executed in open market or privately negotiated transactions, including accelerated share repurchase programs and trades made pursuant to Rule 10b5-1 plans, and the board may suspend, modify, or terminate the program at any time.
Unum describes itself as a leading provider of workplace benefits and services. In 2025, it reported $13.1 billion in revenue and paid $8.3 billion in benefits, highlighting the scale of operations relative to the new repurchase capacity.
Positive
- $1 billion share repurchase authorization beginning September 1, 2026, provides substantial capacity for capital return through buybacks, replacing the current program when it expires on August 31, 2026.
Negative
- None.
Filing Explained
The company has authorized, but not reported completing, up to
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Share repurchase authorization: $1 billion
New program start date: September 1, 2026
Current program end date: August 31, 2026
+2 more
5 metrics
Share repurchase authorization
$1 billion
Maximum aggregate amount under new share repurchase program beginning September 1, 2026
New program start date
September 1, 2026
Date from which repurchases may occur under the new authorization
Current program end date
August 31, 2026
Date on which the existing repurchase program will terminate
2025 revenue
$13.1 billion
Revenues for the year ended December 31, 2025
Benefits paid 2025
$8.3 billion
Benefits paid in 2025
Key Terms
accelerated share repurchase programs, Rule 10b5-1, forward-looking statements, Private Securities Litigation Reform Act of 1995, +1 more
5 terms
Rule 10b5-1 regulatory
"pursuant to preset trading plans meeting the requirements of Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
forward-looking statements regulatory
"Certain statements in this release constitute “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Private Securities Litigation Reform Act of 1995 regulatory
"within the meaning of the Private Securities Litigation Reform Act of 1995"
workplace benefits and services financial
"a leading international provider of workplace benefits and services"
FAQ
When does Unum Group’s new $1 billion buyback program start and the current one end?
The new share repurchase program begins on September 1, 2026. The company’s current share repurchase program will remain in effect through August 31, 2026, after which all subsequent repurchases will occur under the new authorization.
What recent financial figures did Unum Group (UNM) report in the announcement?
Unum Group reported $13.1 billion in revenue and $8.3 billion in benefits paid for 2025, illustrating the scale of its operations alongside the newly authorized $1 billion repurchase capacity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 26, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) (Zip Code)
(423 ) 294-1011
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company | |||||
| ☐ | If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ||||
Item 8.01 Other Events.
On August 26, 2026, Unum Group, a Delaware corporation (the "Company"), issued a news release announcing that its Board of Directors has authorized the repurchase of up to $1 billion of its outstanding shares of common stock from time to time beginning on September 1, 2026. The Company's current share repurchase program will continue in effect through August 31, 2026, at which time the current program will terminate and all subsequent repurchases will take place under the new program. A copy of the news release concerning the share repurchase authorization is filed herewith as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |||||||
| 99.1 | News release of Unum Group dated August 26, 2026, concerning share repurchase authorization. | |||||||
| 104 | Cover Page Interactive Data File (embedded with the Inline XBRL document). | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Unum Group | |||||||||||
| (Registrant) | |||||||||||
| Date: August 26, 2026 | By: | /s/ J. Paul Jullienne | |||||||||
| Name: | J. Paul Jullienne | ||||||||||
| Title: | Vice President, Managing Counsel, and | ||||||||||
| Corporate Secretary | |||||||||||
| Exhibit 99.1 | |||||
 | 1 Fountain Square Chattanooga, TN 37402 www.unum.com | ||||
| news | FOR IMMEDIATE RELEASE | |||||||
| Contacts | ||||||||
| MEDIA | Emily Downing-Baer edowning@unum.com | |||||||
| INVESTORS | Matt Royal investorrelations@unum.com | |||||||
Unum Group’s board of directors authorizes
$1 billion share repurchase program
CHATTANOOGA, Tenn., August 26, 2026 – Unum Group (NYSE:UNM) announced today that its board of directors has approved a new share repurchase program authorizing the company to repurchase up to $1 billion of its common stock from time to time beginning on September 1, 2026. The company's current share repurchase program will continue in effect through August 31, 2026, at which time the current program will terminate and all subsequent repurchases will take place under the new program.
The timing and amount of share repurchases under the new program will be determined by management based on its evaluation of market conditions and other considerations. Repurchases may be made in open market transactions at prevailing prices, in privately negotiated transactions (including accelerated share repurchase programs), pursuant to preset trading plans meeting the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, or by other means in accordance with federal securities laws. The program may be suspended, modified, or terminated by the board at any time.
# # #
FORWARD-LOOKING STATEMENTS
Certain statements in this release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on management’s current expectations and beliefs concerning future developments and their potential effects upon Unum Group and its subsidiaries. Unum Group’s actual results may differ, possibly materially, from expectations or estimates reflected in such forward-looking statements. Certain important factors that could cause actual results to differ, possibly materially, from expectations or estimates reflected in such forward-looking statements can be found in Part 1, Item 1A (Risk Factors) of Unum Group’s Annual Report on Form 10-K for the year ended December 31, 2025. The forward-looking statements in this release speak only as of the date of this release, and Unum Group does not undertake to update any particular forward-looking statement included in this release.
ABOUT UNUM GROUP
Unum Group (NYSE: UNM), a leading international provider of workplace benefits and services, has been helping workers and their families thrive for more than 175 years. Through its Unum and Colonial Life brands, the company offers disability, life, accident, critical illness, dental, and vision insurance; leave and absence management support; and behavioral health services. In 2025, Unum Group reported revenues of $13.1 billion and paid $8.3 billion in benefits. The Fortune 500 company is recognized as one of the World’s Most Ethical Companies by Ethisphere®.
Visit the Unum newsroom (https://www.unumgroup.com/newsroom) for more information, and connect with us on LinkedIn (https://www.linkedin.com/company/unum), Facebook (https://www.facebook.com/unumbenefits/), and Instagram (https://www.instagram.com/unumbenefits/).