Universal Corporation Announces Quarterly Dividend and Share Repurchase Program
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Universal Corporation (NYSE:UVV) announced a quarterly dividend of $0.81 per share, payable on February 3, 2025, to shareholders of record as of January 13, 2025. The company also introduced a share repurchase program.
November 07, 2024 | 9:30 pm
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Universal Corporation declared a quarterly dividend of $0.81 per share and announced a share repurchase program, indicating a strong financial position and commitment to returning value to shareholders.
The announcement of a dividend and share repurchase program typically signals confidence in the company's financial health and a commitment to shareholder returns, which can positively impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100