Union Pacific Corporation Announces $1.5 Billion Accelerated Share Repurchase Program

Details

Approximately 4,815,022 shares will be repurchased and received by the Company on February 18, 2025. The final number of shares to be repurchased will be based on the volume-weighted average price of the Company's common stock during the term of such ASRs, less a discount and subject to potential adjustments. The final settlement is expected to be completed before the end of the third quarter of 2025, with the possibility of early termination under certain conditions.

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About Union Pacific Corporation

Union Pacific Corporation is a prominent transportation company renowned for its extensive network of railroads across the United States. As one of the largest freight transportation services in North America, it operates a significant portion of the American rail infrastructure, serving approximately 23 states across the western two-thirds of the United States. Union Pacific Corporation's primary function is to transport freight, which includes a diverse array of commodities such as agricultural products, automotive items, industrial chemicals, coal, and a wide range of consumer goods. This railroad operator plays a crucial role in the supply chain, providing essential links between producers and markets, thereby facilitating economic growth and development. The company’s operations are integral to the industries it serves, providing a reliable mode of bulk transportation and contributing to the efficiency and competitiveness of U.S. businesses. With a history dating back to 1862, Union Pacific Corporation is a fundamental pillar in the American transportation sector, representing a robust and enduring legacy in the railroad industry.