Unum Group Reports Q2 2024 Earnings, Increases Full-Year Guidance, and Announces $1B Share Buyback

Unum Group

2024-Q2 EPS reported $4.09 revenue$6,433,700,000

Net income of $389.5 million ($2.05 per diluted share) for Q2 2024, with after-tax adjusted operating income of $411.4 million ($2.16 per share).
Full-year 2024 after-tax adjusted operating EPS outlook raised from 7%-9% to 10%-15% growth.
Board authorized $1 billion share repurchase program effective August 1, 2024; Q2 capital deployment of $248.8 million included $179.8 million in repurchases.
Holding company liquidity of $1.3 billion and weighted average risk-based capital ratio of approximately 470% at June 30, 2024.

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