Sheep
12年前
I agree but expect we will see this thing really move this year. The company has been doing this quarter after quarter:
Shares Outstanding
The Company’s average number of shares outstanding, assuming dilution, was 273.6 million for the fourth quarter of 2012, compared to 292.6 million for the fourth quarter of 2011. Shares outstanding totaled 270.2 million at December 31, 2012. During the fourth quarter of 2012, the Company repurchased approximately 4.9 million shares at a cost of $100.1 million.
I think we could see this much higher than the $40s if the repurchase continues as it is. If they can buy back another 20 million this year it really should start to move.... especially if their earnings continue.
Sheep
12年前
A price target of 35+ is very reasonable expectation over the next few years... That is if the collapse of the US dollar does not happen first.
Shares Outstanding
The Company’s average number of shares outstanding, assuming dilution, was 278.5 million for the third quarter of 2012, compared to 299.2 million for the third quarter of 2011. Shares outstanding totaled 275.1 million at September 30, 2012. During the third quarter of 2012, the Company repurchased approximately 5.1 million shares at a cost of $100.2 million.
Share Repurchase Authorization
During the third quarter of 2012, the Company announced that its Board of Directors approved a $750 million share repurchase program with an expiration date of January 2014. This new authorization supersedes and replaces the previous authorization for $1 billion that was scheduled to expire in August 2012.
Penny Roger$
13年前
Unum Group and its insurance and non-insurance subsidiaries, operate in the United States, the United Kingdom, and, to a limited extent, in certain other countries worldwide. The principal operating subsidiaries in the United States are Unum Life Insurance Company of America (Unum America), Provident Life and Accident Insurance Company (Provident), The Paul Revere Life Insurance Company (Paul Revere Life), and Colonial Life & Accident Insurance Company, and in the United Kingdom, Unum Limited. It is a provider of disability insurance products in the United States and the United Kingdom. The Company also provides a portfolio of other insurance products, including employer- and employee-paid group benefits, life insurance, long-term care insurance, and other related services. The Company operates in three main segments: Unum US, Unum UK and Colonial Life. Its other segments are the Individual Disability - Closed Block segment and the Corporate and Other segment.
http://www.google.com/finance?q=UNM