secwatch.observer — SEC 8-K summary
======================================

Issuer:     UNION PACIFIC CORP (UNP)
CIK:        0000100885
Form:       8-K
Filed at:   2022-02-17T23:59:59+00:00
Accession:  0001437749-22-003713
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100885/000143774922003713/0001437749-22-003713-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100885/000143774922003713/unp20220215_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-003713

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer