secwatch.observer — SEC 8-K summary
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Issuer:     UTG INC (UTGN)
CIK:        0000832480
Form:       8-K
Filed at:   2024-12-27T23:59:59+00:00
Accession:  0000832480-24-000022
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/832480/000083248024000022/0000832480-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/832480/000083248024000022/utg8k20241227.htm
  HTML page:      https://secwatch.observer/filing/0000832480-24-000022

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