Universal Corporation Announces Quarterly Dividend and Share Repurchase Program
Universal (NYSE:UVV) has announced two significant shareholder actions. The Board of Directors declared a quarterly dividend of $0.81 per share, payable February 3, 2025, to shareholders of record as of January 13, 2025. Additionally, the Board approved a $100 million share repurchase program, allowing purchases on the open market or through private negotiations at prevailing market rates. The company currently has approximately 24.7 million common shares outstanding.
Universal (NYSE:UVV) ha annunciato due significative azioni per gli azionisti. Il Consiglio di Amministrazione ha dichiarato un dividendo trimestrale di $0,81 per azione, pagabile il 3 febbraio 2025, agli azionisti registrati al 13 gennaio 2025. Inoltre, il Consiglio ha approvato un programma di riacquisto di azioni da $100 milioni, consentendo acquisti sul mercato aperto o attraverso negoziazioni private ai tassi di mercato prevalenti. Attualmente, la società ha circa 24,7 milioni di azioni ordinarie in circolazione.
Universal (NYSE:UVV) ha anunciado dos acciones significativas para los accionistas. La Junta Directiva declaró un dividendo trimestral de $0.81 por acción, pagadero el 3 de febrero de 2025, a los accionistas registrados al 13 de enero de 2025. Además, la Junta aprobó un programa de recompra de acciones de $100 millones, permitiendo compras en el mercado abierto o a través de negociaciones privadas a precios de mercado vigentes. Actualmente, la compañía tiene aproximadamente 24.7 millones de acciones ordinarias en circulación.
유니버설 (NYSE:UVV)은 두 가지 중요한 주주 조치를 발표했습니다. 이사회는 $0.81의 분기 배당금을 선언했으며, 이는 2025년 2월 3일에 2025년 1월 13일 기준 주주에게 지급됩니다. 또한 이사회는 1억 달러 규모의 자사주 매입 프로그램을 승인하여 공개 시장이나 현재 시장 비율에 따라 개인 협상을 통해 구매할 수 있도록 합니다. 현재 회사는 약 2470만 주의 보통주를 발행하고 있습니다.
Universal (NYSE:UVV) a annoncé deux actions significatives pour les actionnaires. Le Conseil d'Administration a déclaré un dividende trimestriel de 0,81 $ par action, payable le 3 février 2025, aux actionnaires enregistrés au 13 janvier 2025. De plus, le Conseil a approuvé un programme de rachat d'actions de 100 millions $, permettant des achats sur le marché ouvert ou par des négociations privées aux taux de marché en vigueur. La société compte actuellement environ 24,7 millions d'actions ordinaires en circulation.
Universal (NYSE:UVV) hat zwei bedeutende Maßnahmen für die Aktionäre angekündigt. Der Vorstand hat eine quartalsweise Dividende von 0,81 $ pro Aktie erklärt, die am 3. Februar 2025 an die zum 13. Januar 2025 eingetragenen Aktionäre ausgezahlt wird. Darüber hinaus genehmigte der Vorstand ein Aktienrückkaufprogramm über 100 Millionen $, das Käufe auf dem offenen Markt oder durch private Verhandlungen zu den geltenden Marktpreisen ermöglicht. Das Unternehmen hat derzeit etwa 24,7 Millionen ausstehende Stammaktien.
- Board approved $100 million share repurchase program
- Maintained quarterly dividend of $0.81 per share
- Share repurchase program demonstrates confidence in company's financial position
- None.
Insights
The dual announcement of a
The dividend continuation at
In addition, the Company announced that the Company's Board of Directors has approved a program for the repurchase of up to
Universal Corporation (NYSE: UVV) is a global agricultural company with over 100 years of experience supplying products and innovative solutions to meet our customers' evolving needs and precise specifications. Through our diverse network of farmers and partners across more than 30 countries on five continents, we are a trusted provider of high-quality, traceable products. We leverage our extensive supply chain expertise, global reach, integrated processing capabilities, and commitment to sustainability to provide a range of products and services designed to drive efficiency and deliver value to our customers. For more information, visit www.universalcorp.com.
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SOURCE Universal Corporation
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