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UNP
accelerated share repurchase
https://www.sec.gov/ix?doc=/Archives/edg...218x8k.htm
Item 7.01 Regulation FD Disclosure.
The final number of shares to be repurchased under the ASRs will be based on the volume-weighted average price of the Company’s common stock during the term of such ASR, less a discount and subject to potential adjustments pursuant to the terms of such ASR. Under the terms of the ASRs, the final settlement is expected to be completed prior to the end of the third quarter of 2020, but the ASRs may be terminated early in certain circumstances.
accelerated share repurchase
https://www.sec.gov/ix?doc=/Archives/edg...218x8k.htm
Item 7.01 Regulation FD Disclosure.
On February 18, 2020, Union Pacific Corporation (the “Company”) established accelerated share repurchase programs (“ASRs”) with each of Bank of America, N.A. (“Bank of America”) and JPMorgan Chase Bank, N.A. (“JPMorgan Chase”, and collectively with Bank of America, the “Counterparties”) to repurchase an aggregate of $2.0 billion of the Company’s shares of common stock. Approximately 8,786,380 shares of common stock repurchased under the ASRs will be received by the Company on February 19, 2020.
The final number of shares to be repurchased under the ASRs will be based on the volume-weighted average price of the Company’s common stock during the term of such ASR, less a discount and subject to potential adjustments pursuant to the terms of such ASR. Under the terms of the ASRs, the final settlement is expected to be completed prior to the end of the third quarter of 2020, but the ASRs may be terminated early in certain circumstances.
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Corrections are usually over very quickly, and they're traditionally painless to long-term investors.
Experience is what you get, if you expect anything else!
Alles ist Zahl - die Vollkommenen --> 6; 28; 496; 8128; 33550336; 8589869056
Corrections are usually over very quickly, and they're traditionally painless to long-term investors.
Experience is what you get, if you expect anything else!
Alles ist Zahl - die Vollkommenen --> 6; 28; 496; 8128; 33550336; 8589869056
