Union Pacific launches $2.2B accelerated share repurchase; to receive ~7M shares immediately

UNION PACIFIC CORP

Established ASRs with JPMorgan and Mizuho to repurchase $2.2B of common stock.
Approximately 7,012,232 shares to be received on February 18, 2022.
Final settlement expected before end of Q3 2022, subject to volume-weighted average price.
Repurchase program reflects capital allocation strategy to return value to shareholders.

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