UMB Financial Corporation Announces $0.32 Quarterly Cash Dividend and Common Share Repurchase Authorization
April 27 2021 - 4:02PM
Business Wire
During a meeting of the Board of Directors (the “Board”) of UMB
Financial Corporation (Nasdaq: UMBF) held today, the Board declared
a $0.32 per share quarterly cash dividend, payable on July 1, 2021
to the company’s shareholders of record on the close of business on
June 10, 2021.
As in prior years, the Board has approved the repurchase of up
to 2,000,000 shares of the company’s common stock. Share
repurchases may occur from time to time at any point until the
regular meeting of the Board that immediately follows the 2022
annual meeting of the company’s shareholders. Shares acquired under
the repurchase program may be available for reissuance or resale,
including in connection with the company's compensation plans and
dividend reinvestment plan. Under the repurchase program, the
company may acquire the shares from time to time in open market or
privately negotiated transactions, at the discretion of
management.
About UMB:
UMB Financial Corporation (Nasdaq: UMBF) is a financial services
company headquartered in Kansas City, Missouri. UMB offers
commercial banking, which includes comprehensive deposit, lending
and investment services, personal banking, which includes wealth
management and financial planning services, and institutional
banking, which includes asset servicing, corporate trust solutions,
investment banking, and healthcare services. UMB operates branches
throughout Missouri, Illinois, Colorado, Kansas, Oklahoma,
Nebraska, Arizona and Texas, and serves business and institutional
clients nationwide. For more information, visit UMB.com, UMB Blog,
UMB Facebook and UMB LinkedIn, or follow us on Twitter at @UMBBank.
For information about UMB’s operations, approach and relief
measures during the COVID-19 pandemic, please visit
umb.com/COVID-19.
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Media Contact: Stephanie Hague: 816.860.5088 Investor Relations
Contact: Kay Gregory: 816.860.7106
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