BUZZ-Insurer Unum ticks up on $1 billion share repurchase authorization

Reuters

02-19

** Shares of insurer Unum Group UNM.N rise ~1% to $74.72 in early trading

** UNM late Tuesday announced its board had authorized repurchase of up to $1 billion of its common stock from time to time beginning on April 1

** Co's board also authorize the termination of UNM's current share repurchase program

** UNM stock jumped 61.5% in 2024

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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