Unum well-positioned to capitalize on opportunities, CEO McKenney tells shareholders at annual meeting
By a
"We look to the future with optimism because the need for what we do has never been greater and we see a tremendous opportunity to continue to grow the market," said McKenney.
"We approach it from a position of strength," he added. "Last year we generated strong financial results, consistent operating performance and significant growth across our businesses. As a result, we continue to be well-positioned both financially and strategically to capitalize on the opportunities ahead."
A key competitive advantage for
In 2015,
The company also increased its dividend for the seventh consecutive year and repurchased more than
"I truly believe we are not only stronger today than ever before, but that we are uniquely positioned for growth and continued financial success," he added.
McKenney was named CEO at last year's annual meeting upon the retirement of
"Many workers in the
For 2016, McKenney says the company aims to further the momentum it has built over the last decade. He anticipates continued top-line growth while maintaining solid operating margins and significant financial flexibility to support the needs of its businesses.
"We are in good operating businesses with strong market positions, and we've built a solid financial foundation," he said. "By continuing to anticipate the needs of our customers, and by remaining disciplined in everything we do, we'll be well-positioned to deliver even greater value to our shareholders in the future."
Also at today's meeting,
Separately today, the company's board of directors authorized an increase of 8 percent in the quarterly dividend paid on its common stock. The new rate of
Keywords for this news article include: Dentistry,
Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2016, NewsRx LLC
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News