---
schema_version: "secwatch.filing_event.v1"
accession: "0000832480-24-000022"
form_type: "8-K"
ticker: "UTGN"
cik: "0000832480"
company_name: "UTG INC"
filed_at: "2024-12-27T23:59:59+00:00"
generated_at: "2026-05-28T23:10:59.341983+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# UTG Board adds $1M to buyback, total authorization now $23M; 10b5-1 plan adopted

## Summary
- Board reinstituted stock repurchase program and authorized additional $1,000,000 on Dec 27, 2024.
- Total authorized repurchases up to $23 million; $2,160,445 remaining after $20.84M spent on 1,380,820 shares.
- Board also authorized a 10b5-1 trading plan for open-market repurchases, expiring December 31, 2025.
- Repurchases may be suspended or terminated at any time; no obligation to buy any specific number of shares.

## SEC filing metadata
- accession: 0000832480-24-000022
- form_type: 8-K
- ticker: UTGN
- cik: 0000832480
- company_name: UTG INC
- filed_at: 2024-12-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/832480/000083248024000022/0000832480-24-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832480/000083248024000022/utg8k20241227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832480-24-000022
- JSON: https://secwatch.observer/filing/0000832480-24-000022.json
- Plain text: https://secwatch.observer/filing/0000832480-24-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.