Corporate ActionMay 20, 2026, 04:03 PM
United Fire Group Declares $0.20 Dividend; Boosts Buyback to 2M Shares
AI Summary
United Fire Group's board declared a quarterly cash dividend of $0.20 per share, payable June 19, 2026, to shareholders of record as of June 5, 2026. The board also extended its Share Repurchase Program to August 31, 2028, and doubled the authorized shares for repurchase to 2 million. Additionally, shareholders elected five Class A directors, ratified Ernst & Young LLP as auditor, approved executive compensation, and amended the Non-Employee Director Stock Plan.
Key Highlights
- Board declared a quarterly cash dividend of $0.20 per share.
- Dividend payable June 19, 2026, to shareholders of record June 5, 2026.
- Share Repurchase Program extended to August 31, 2028.
- Authorized share repurchase increased to 2 million shares from 1 million.
- Shareholders elected five Class A directors to serve three-year terms.
- Ernst & Young LLP ratified as independent auditor for 2026.
- Approved amendment to 2021 Non-Employee Director Stock Plan.
Price Impact
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