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

Issuer:     UNION PACIFIC CORP (UNP)
CIK:        0000100885
Form:       8-K
Filed at:   2024-09-19T23:59:59+00:00
Accession:  0001437749-24-029518
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Union Pacific sets 3-year targets: EPS CAGR high single to low double digits, $4-5B buybacks from 2025
--------------------------------------------------------------------------------

- Revenue (ex-fuel) to grow faster than volume (ex-coal) and outpace served markets over 3 years.
- Pricing dollars expected to be accretive to operating ratio starting in 2025.
- Forecasts EPS CAGR in high single to low double digit range.
- Annual capex ~$3.5B–$3.7B; annual share repurchases of $4B–$5B starting 2025.
- Dividend payout ratio target ~45%; aims for consistent annual dividend increases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100885/000143774924029518/0001437749-24-029518-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100885/000143774924029518/unp20240911_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-029518

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