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Press releases

  • 5/26/16 10:50 am EDT

    Says demand for employee benefits has never been greater

    PORTLAND, Maine--(BUSINESS WIRE)--At his first annual meeting as Unum’s CEO, Richard P. McKenney told shareholders that he sees increasing demand for the company’s products and services, and that the company is well-positioned to capitalize on these opportunities and expand its reach. “We look to the future with optimism because the need for what we do has never been greater and we see a tremendous opportunity to continue to grow the market,” said McKenneymore...
  • 5/26/16 9:30 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that its board of directors has authorized the repurchase of up to $750 million of the company’s outstanding common stock through Nov. 26, 2017. This new authorization replaces the previous authorization of $750 million that was scheduled to expire on Nov. 21, 2016. “This authorization reflects the board’s confidence in the consistent execution of our strategy, as well as the ability of our coremore...
  • 5/26/16 9:29 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that its board of directors has authorized an increase of 8 percent in the quarterly dividend paid on its common stock. The new rate of 20 cents per common share, or 80 cents per share on an annual basis, will be effective with the dividend expected to be paid in the third quarter of 2016. “We are pleased to again increase our dividend payout, which is representative not only of our consistentmore...
  • 5/17/16 10:41 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum employees from across the U.S., U.K. and Ireland share their commitments to social causes, education and the arts and the communities they call home in the company’s annual Corporate Responsibility Report that was released today. Their stories illustrate Unum’s focus on social responsibility through a culture that strives to make a positive difference. “When I joined Unum, the thing that struck me most was the dedicationmore...
  • 5/9/16 4:15 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that it has completed an offering of senior notes. A total of $600 million aggregate principal amount of senior notes was issued today in two tranches: (i) $350 million aggregate principal amount of senior notes due in 2021 with an annual coupon rate of 3.00 percent, and (ii) $250 million aggregate principal amount of senior notes due in 2042 with an annual coupon rate of 5.75 percent, pursuant to amore...
  • 5/5/16 10:04 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Disability claims for joint disorders and musculoskeletal issues have increased significantly over the past 10 years in the U.S., according to data from Unum. As the leading provider of disability insurance in the U.S. and the U.K., Unum tracks reasons behind disability leave and shares results each May, Disability Insurance Awareness Month. Trends over the last decade show: 33% increase in long termmore...
  • 4/27/16 4:15 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) today reported net income of $210.6 million ($0.88 per diluted common share) for the first quarter of 2016, compared to net income of $212.9 million ($0.84 per diluted common share) for the first quarter of 2015. After-tax operating income, which excludes after-tax realized investment gains and losses on the Company’s investment portfolio and the amortization of prior period actuarial losses on the Company’smore...
  • 4/26/16 10:00 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Josh Nelson will be joining Unum Group (NYSE: UNM) as chief financial officer of its Colonial Life business. Nelson will focus on driving financial results as a key strategic partner to corporate and business leaders at Colonial Life and across Unum Group. He will be responsible for providing comprehensive financial support, pricing and valuation, and will drive value creation and profitability of Colonial Life’s business. Nelsonmore...
  • 4/25/16 11:00 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum (NYSE:UNM) is promoting Marco Forato to the role of senior vice president for corporate strategy and development, and Tyler Siira has been named vice president and treasurer. In addition to his current responsibility leading Unum’s global growth strategy, Forato will take on accountability for strategic corporate development to help Unum introduce new products, services or partnerships, and to expand its global footprint. Foratomore...
  • 4/15/16 1:00 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Effective April 15, 2016, the Unum Group (NYSE:UNM) Board of Directors declared a quarterly dividend of $0.185 per share on its common stock to be paid on May 20, 2016, to stockholders of record on April 29, 2016. ABOUT UNUM GROUP Unum Group (www.unum.com) is a leading provider of financial protection benefits in the United States and the United Kingdom. Its primary businesses are Unum US, Colonial Life and Unum UK. Unummore...