Universal Corporation Declares $0.83 Dividend, Approves $100 Million Share Buyback

Nov 4, 2026 9:37 PM

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Universal Corporation declared a quarterly dividend of $0.83 per share, payable on February 1, 2027, to shareholders of record as of January 11, 2027. Additionally, the Board of Directors approved a share repurchase program authorizing the buyback of up to $100 million of the company's common stock. Repurchases will be executed periodically through open-market purchases or privately negotiated transactions at prevailing market rates.

AI-generated summary

Universal Corporation (NYSE: UVV) announced that its Board of Directors declared a quarterly dividend of $0.83 per share. The dividend is payable on February 1, 2027, to shareholders of record at the close of business on January 11, 2027.

The company also announced that its Board approved a program authorizing the repurchase of up to $100 million of Universal Corporation common stock.

Repurchases may be made from time to time through open-market purchases or privately negotiated transactions. Under the authorization, purchases may be made at prices not exceeding prevailing market rates.

This article may include AI-generated content that is human-reviewed, which is for reference and general information purposes only and does not constitute investment advice.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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