Unum Group (NYSE: UNM) authorizes new $1 billion stock buyback starting 2026

Rhea-AI Filing Summary

Unum Group 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 outstanding common stock. The program will begin on January 1, 2026.

The company’s existing share repurchase program will remain in place through December 31, 2025, after which it will terminate and all additional buybacks will occur under the newly authorized program. The announcement was made through a news release that is included as an exhibit to this report.

Positive

• Board authorizes up to $1 billion share repurchase program beginning January 1, 2026, providing capacity for substantial capital return to shareholders.
• Continuous buyback capacity as the current repurchase program runs through December 31, 2025, immediately followed by the new authorization.

Negative

• None.

Insights

Equity Capital Allocation Analyst

Unum adds a new $1 billion buyback program starting in 2026.

Unum Group disclosed that its Board has authorized repurchases of up to $1 billion of outstanding common stock beginning on January 1, 2026. This authorization follows the company’s current repurchase program, which will remain in effect through December 31, 2025 and then terminate.

A buyback authorization of this size can reduce the public share count over time, depending on how much is actually repurchased and at what prices. The filing does not specify timing, pace, or methods of repurchase, so the actual effect will depend on future management decisions and market conditions.

The transition from the existing program to the new $1 billion authorization on consecutive dates provides continuity in Unum’s ability to repurchase shares. Future disclosures in company filings may detail execution under this authorization, including amounts repurchased and any changes to capital management priorities.

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, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

0000005513false00000055132025-12-042025-12-040000005513us-gaap:CommonClassAMemberexch:XNYS2025-12-042025-12-040000005513unm:A6.250JuniorSubordinatedNotesdue2058Memberexch:XNYS2025-12-042025-12-04

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): December 4, 2025

UNUM GROUP

(Exact name of registrant as specified in its charter)

Delaware

001-11294

62-1598430

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

1 Fountain Square

Chattanooga, Tennessee 37402

(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

Common stock, $0.10 par value

UNM

New York Stock Exchange

6.250% Junior Subordinated Notes due 2058

UNMA

New York Stock Exchange

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 December 4, 2025, 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 January 1, 2026. The Company's current share repurchase program will continue in effect through December 31, 2025, 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 December 4, 2025, 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: December 4, 2025			By:			/s/ J. Paul Jullienne
						Name:			J. Paul Jullienne
						Title:			Vice President, Managing Counsel, and
									Corporate Secretary

FAQ

What did Unum Group (UNM) announce in this 8-K?

Unum Group announced that its Board of Directors authorized a new share repurchase program to buy back up to $1 billion of its outstanding common stock.

When does Unum Group's new $1 billion share repurchase program start?

The new share repurchase program is authorized to begin on January 1, 2026.

What happens to Unum Group's current share repurchase program?

The current share repurchase program will remain in effect through December 31, 2025, then terminate, with all subsequent repurchases occurring under the new program.

How large is Unum Group's newly authorized share repurchase capacity?

The Board authorized repurchases of up to $1 billion of Unum Group's outstanding common stock under the new program.

Where can investors find more details on Unum Group's new buyback authorization?

Additional details are provided in the company’s news release dated December 4, 2025, which is filed as Exhibit 99.1 to this report.

Does the filing mention any changes to Unum Group's securities listings?

The filing lists Unum Group’s common stock (symbol UNM) and 6.250% Junior Subordinated Notes due 2058 (symbol UNMA) on the New York Stock Exchange, with no changes indicated.