Union Pacific launches $1.5 billion share buyback program

February 18, 2025 – Union Pacific Corporation (NYSE: UNP) has announced a $1.5 billion accelerated share repurchase (ASR) program, partnering with Barclays Bank PLC and Citibank, N.A. to buy back common stock. The company expects to receive approximately 4.8 million shares on February 18, with the final number determined by the volume-weighted average price over the ASR period.

The program is set for final settlement before the end of the third quarter of 2025, though it may conclude earlier under certain conditions. Union Pacific's move underscores its commitment to returning value to shareholders.

The company cautioned that forward-looking statements in its announcement are subject to risks and uncertainties, as detailed in its filings with the Securities and Exchange Commission.