Universal Corporation filings document financial results, material agreements, governance actions, and capital-structure matters for its agriproducts business. Recent Form 8-K reports furnish quarterly results releases, disclose an unsecured credit agreement with term loan and revolving credit facilities, and describe registered common stock with no par value traded on the New York Stock Exchange under UVV.
The company’s regulatory filings also cover executive officer appointments, related compensation arrangements, board composition, annual meeting voting results, auditor ratification, lead independent director designation, and shareholder-approved equity incentive awards. These disclosures connect Universal’s public-company governance and financing arrangements with its Tobacco Operations and Ingredients Operations.
Universal Corp (UVV) is the issuer of the common stock for which State Street Corporation reported beneficial ownership of 1,504,091 shares, or 6% of the class, as of September 30, 2026. State Street reported shared voting power over 1,486,262 shares and shared dispositive power over 1,504,091 shares; it reported no sole voting or dispositive power. The associated subsidiaries listed include SSGA Funds Management, Inc. and State Street Global Advisors Europe Limited.
Universal Corporation (UVV) appointed Gregory R. Friedman to its Board of Directors effective November 4, 2026, and increased the Board’s size to 10 members. The Board determined that Friedman qualifies as an independent director under New York Stock Exchange listing standards and the company’s Corporate Governance Guidelines.
Friedman brings more than 30 years of financial, operational and strategic leadership experience. Most recently, he served as Chief Financial Officer of Mura Technology; previously, he was Executive Vice President and Chief Financial Officer of Corteva.
Universal Corporation reported second-quarter sales and other operating revenue of $621.8 million, down 18% from a year earlier, and net income attributable to the company of $12.6 million, versus $34.2 million; diluted earnings per share were $0.50, versus $1.36. For the six months ended September 30, 2026, revenue fell 15% to $1,145.6 million and attributable net income fell 82% to $7.6 million. Management tied lower tobacco volumes to delayed shipments; Ingredients Operations recorded a $2.7 million operating loss for the half-year, versus $1.5 million of income.
Management forecasts tobacco shipments to be heavily weighted to fiscal 2027’s second half, with customer commitments in line with full-year sales plans and uncommitted tobacco inventories within target range. On November 4, 2026, the board approved a program to repurchase up to $100 million of common stock through November 15, 2028, subject to market conditions and other factors, replacing the prior program.
An October 9, 2026 credit amendment set maximum Total Net Leverage Ratio limits at 3.75 to 1.00 for quarters ending September 30 and December 31, 2026; 3.25 to 1.00 for March 31, 2027; and 3.00 to 1.00 for June 30, 2027 and thereafter. Universal stated it was in compliance with financial covenants as of September 30, 2026.
Universal Corporation (UVV) reported second-quarter fiscal 2027 sales and other operating revenue of $621.8 million, down 18% from $754.2 million a year earlier. Operating income was $42.6 million, down 37%, and net income attributable to Universal was $12.6 million, down 63%; diluted earnings per share were $0.50 versus $1.36. The company attributed lower results mainly to lower tobacco volumes as shipments shifted later in a delayed tobacco market cycle, alongside challenging conditions and high fixed costs in Ingredients Operations.
Tobacco Operations revenue was $534.3 million, down 19%, and operating income was $43.9 million, down 33%. Ingredients Operations revenue was $87.5 million, down 8%, and reported a $2.1 million operating loss versus a $0.2 million loss a year earlier. Uncommitted tobacco inventory was 19% as of September 30, 2026, within the company's target range, and available liquidity was approximately $945 million as of that date. Universal Ingredients' process to create a more integrated and aligned platform is expected to continue through the next fiscal year.
Universal Corporation (UVV) amended its December 9, 2025 credit agreement on October 9, 2026, changing the maximum Total Net Leverage Ratio covenant. The amended ceiling is 3.75 to 1.00 for the fiscal quarters ending September 30 and December 31, 2026; 3.25 to 1.00 for the quarter ending March 31, 2027; and 3.00 to 1.00 for the quarter ending June 30, 2027 and each quarter thereafter.
JPMorgan Chase Bank, N.A. is the Administrative Agent, and the lenders party to the agreement are counterparties. The amendment also makes certain other amendments described as non-material. All other terms and conditions of the credit agreement remain in full force and effect.
Universal Corp (UVV) reported that Chairman, President & CEO Preston Douglas Wigner surrendered 6,469 common shares on October 1, 2026, at $41.68 per share, to satisfy withholding taxes related to restricted stock units that vested that day. His reported post-transaction position was 121,913 shares, including 52,946 restricted stock units and 4,678 dividend equivalent units earned on the restricted stock units.
Universal Corporation (UVV) reports that J. Patrick O’Keefe, its Vice President, Ingredients, was terminated without cause on September 15, 2026. O’Keefe had previously informed the company on July 29, 2026 of his intention to retire. Universal states that it is continuing its previously announced process to identify a successor with the assistance of an executive search firm.
Universal Corp. director Lennart R. Freeman reported selling 1,782 shares of common stock on 2026-08-10 in an open-market or private transaction at a weighted average price of $49.819 per share. Following this sale, he directly holds 16,935 shares, which include 2,650 restricted stock units.
Universal Corporation reports information related to common stock associated with Wells Fargo Clearing Services in St. Louis, Missouri. The disclosure lists a common stock entry tied to Wells Fargo Clearing Services with a quantity of 1,782, an associated amount of $88,769.13, and a figure of 24,899,257 with a date of 08/10/2026 and reference to trading on the NYSE.
Additional common stock entries are included that reference compensation from the issuer on 08/06/2025 for 835 and on 08/02/2021 for 947, each marked as related to compensation by the issuer.
Universal Corp director Jacqueline T. Williams received an award of 2,650 restricted stock units of common stock on August 4, 2026 for service as a director. The units vest on the first anniversary of the award date. After this grant, her directly held position reported was 19,179 common shares and units, which includes shares from dividend equivalent units that vested on August 5, 2026, the newly awarded 2,650 restricted stock units, and shares acquired through the Dividend Reinvestment Plan. The award was reported with a cash price of $0.0000 per share and was not indicated as made under a Rule 10b5-1 trading plan.