Universal Corp (N:UVV)

Feb 07, 2024 03:16 pm ET
Universal Corporation Reports Third Quarter Results
RICHMOND, Va., Feb. 7, 2024 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), stated, "Universal Corporation again delivered strong financial and operational performance in the third quarter of fiscal year 2024. Operating income and net income for the quarter were up 13% and 28%, respectively, relative to the third quarter of fiscal year 2023, which helped increase operating income and net income for the nine months of fiscal year 2024 by 20% and 13%, respectively, compared to the same period last fiscal year.
Feb 07, 2024 03:15 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Feb. 7, 2024 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of eighty cents ($0.80) per share on the common shares of the Company, payable May 6, 2024, to common shareholders of record at the close of business on April 8, 2024.
Jan 30, 2024 03:15 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Jan. 30, 2024 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on February 7, 2024, following the release of its results for the third quarter of fiscal year 2024 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time. 
Jan 29, 2024 03:15 pm ET
Universal Corporation Announces Progress Towards Climate Goals
RICHMOND, Va., Jan. 29, 2024 /PRNewswire/ -- Universal Corporation (NYSE:UVV) today announced that, as part of Universal's commitment to a sustainable supply chain and minimizing greenhouse gas emissions, it has entered into a virtual power purchase agreement (VPPA) with Clearway Energy Group for energy produced by a new solar project in Texas. Universal's contracted portion of the project is intended to address emissions from 100 percent of Universal's annual purchased electricity demand in the United States.
Dec 18, 2023 03:15 pm ET
Universal Corporation Releases 2023 Sustainability Report
RICHMOND, Va., Dec. 18, 2023 /PRNewswire/ -- Universal Corporation (NYSE:UVV) announces the release of its 2023 Sustainability Report. "Universal is proud of the efforts taken in the last year to promote the sustainability of our operations and contribute to global sustainability goals," said George C. Freeman III, Universal's Chairman, President, and Chief Executive Officer. "We are taking important steps to advance our sustainability agenda as we continue to monitor and address the environmental and social impacts of our business. We are excited to share details of our work in this year's
Nov 02, 2023 04:16 pm ET
Universal Corporation Reports Second Quarter Results
RICHMOND, Va., Nov. 2, 2023 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), stated, "Our fiscal year 2024 is developing very well with operating income for the six months and quarter ended September 30, 2023, up 30% and 46%, respectively, compared to the six months and quarter ended September 30, 2022. Gross profit margins also rebounded nicely in the first half of fiscal year 2024, compared with the same period in fiscal year 2023, with our ingredients companies making a positive contribution. Our Tobacco Operatio
Nov 02, 2023 04:15 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Nov. 2, 2023 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of eighty cents ($0.80) per share on the common shares of the Company, payable February 5, 2024, to common shareholders of record at the close of business on January 8, 2024.
Oct 26, 2023 04:15 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Oct. 26, 2023 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on November 2, 2023, following the release of its results for the second quarter of fiscal year 2024 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time. 
Jul 26, 2023 04:15 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., July 26, 2023 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on August 2, 2023, following the release of its results for the first quarter of fiscal year 2024 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time. 
May 24, 2023 04:16 pm ET
Universal Corporation Reports Annual Results
RICHMOND, Va., May 24, 2023 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), stated, "Fiscal year 2023 was a good year for Universal. Tobacco shipments were strong, as logistical constraints eased in fiscal year 2023, and despite tight tobacco supply conditions, we were able to secure the leaf tobacco needed by our customers. Our plant-based ingredients platform continued to perform well, and we are excited about our progress in integrating our ingredients companies and executing on our strategies. During fiscal yea
May 24, 2023 04:15 pm ET
Universal Corporation Announces 53rd Annual Dividend Increase and Sets Annual Meeting Date
RICHMOND, Va., May 24, 2023 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of eighty cents ($0.80) per share on the common shares of the Company, payable August 7, 2023, to common shareholders of record at the close of business on July 10, 2023.  This increase indicates an annualized rate of $3.20 per common share and a yield of approximately 5.99% based on the $53.40 closing price on May 22, 2023.
May 19, 2023 04:15 pm ET
Universal Corporation Announces Expansion at Shank's Extracts, LLC
RICHMOND, Va., May 19, 2023 /PRNewswire/ -- Universal Corporation (NYSE: UVV) today announced an approximately $30 million expansion project at its subsidiary Shank's Extracts, LLC ("Shank's Extracts"), a specialty ingredient, flavors and botanical extracts company, headquartered in Lancaster County, Pennsylvania.  As part of this multi-year project, Shank's Extracts will expand its facilities to support current and future growth needs for additional liquid and dry manufacturing, packaging, and refrigerated storage. The project also includes installation of other manufacturing capabilities t
May 17, 2023 04:15 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., May 17, 2023 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on May 24, 2023, following the release of its results for the fiscal year 2023 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time. 
Mar 20, 2023 04:30 pm ET
Universal Corporation Recognized as a CDP Supplier Engagement Leader
RICHMOND, Va., March 20, 2023 /PRNewswire/ -- Universal Corporation (NYSE:UVV) has been recognized as a 2022 Supplier Engagement Leader by CDP, a nonprofit charity that runs a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. This is the second straight year Universal Corporation has earned this recognition. The CDP's Supplier Engagement Rating (SER) system independently evaluates how effectively companies are engaging their suppliers on climate change, using the CDP's annual climate change questionnaire that covers governanc
Feb 08, 2023 03:16 pm ET
Universal Corporation Reports Nine Month Results
RICHMOND, Va., Feb. 8, 2023 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), stated, "We are extremely pleased with our results driven by strong tobacco shipments in the nine months and quarter ended December 31, 2022, compared to the same periods in fiscal year 2022. Tobacco shipments are generally moving smoothly, and we are not seeing the logistical constraints that we saw in the prior fiscal year. Our Ingredients Operations segment also continued to positively contribute to and diversify our results in the nine
Feb 01, 2023 03:15 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Feb. 1, 2023 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-nine cents ($0.79) per share on the common shares of the Company, payable May 1, 2023, to common shareholders of record at the close of business on April 10, 2023.  
Feb 01, 2023 03:15 pm ET
Universal Corporation Appoints Arthur J. Schick, Jr. to Board of Directors
Global Consumer Products Executive Brings Over Four Decades of Beverage and Ingredients Experience to Universal
Jan 30, 2023 03:30 pm ET
Universal Corporation Announces Revised Conference Call Date
RICHMOND, Va., Jan. 30, 2023 /PRNewswire/ -- Universal Corporation (NYSE:UVV) announced today that it has changed the date and time of its previously announced third quarter of fiscal year 2023 earnings conference call to 5:00 p.m. Eastern Time on February 8, 2023.  The call will be webcast, and the Company will release its results for the third quarter of fiscal year 2023 after market close on that date.
Jan 25, 2023 03:15 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Jan. 25, 2023 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on February 1, 2023, following the release of its results for the third quarter of fiscal year 2023 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Dec 19, 2022 03:15 pm ET
Universal Corporation Releases 2022 Sustainability Report
RICHMOND, Va., Dec. 19, 2022 /PRNewswire/ -- Universal Corporation (NYSE:UVV) announces the release of its 2022 Sustainability Report.  "Sustainability continues to be an essential part of how we conduct business at Universal. We are committed to disclosing our operational activities as well as our sustainability performance in a consistent and transparent manner," said George C. Freeman III, Universal's Chairman, President, and Chief Executive Officer. "We have updated our materiality assessment and are excited about the new information and disclosures within our 2022 Sustainability Report.
Nov 03, 2022 04:16 pm ET
Universal Corporation Reports Six Month Results
RICHMOND, Va., Nov. 3, 2022 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), stated, "Demand for both our tobacco and plant-based ingredients products remains very strong, and we are excited about how our fiscal year 2023 is developing. We are seeing improvement in shipping availability, particularly in Brazil, where we were able to ship large amounts of carryover tobacco in both the six months and quarter ended September 30, 2022. We also remain very pleased with our strategic investment in our plant-based ingredie
Nov 03, 2022 04:15 pm ET
Universal Corporation Announces Quarterly Dividend and Share Repurchase Program
RICHMOND, Va., Nov. 3, 2022 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-nine cents ($0.79) per share on the common shares of the Company, payable February 6, 2023, to common shareholders of record at the close of business on January 9, 2023.  
Oct 26, 2022 04:15 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Oct. 26, 2022 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on November 3, 2022, following the release of its results for the second quarter of fiscal year 2023 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Aug 03, 2022 04:16 pm ET
Universal Corporation Reports First Quarter Results
RICHMOND, Va., Aug. 3, 2022 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), stated, "We are pleased with our start to fiscal year 2023. In the quarter ended June 30, 2022, we continued to effectively navigate increased costs, particularly rising prices for green leaf tobacco, and shipping constraints. We succeeded in getting a significant amount of carryover tobacco shipped out of Brazil, and our plant-based ingredients platform continued to exceed our expectations.
Aug 03, 2022 04:15 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Aug. 3, 2022 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-nine cents ($0.79) per share on the common shares of the Company, payable November 7, 2022, to common shareholders of record at the close of business on October 10, 2022.  
Jul 26, 2022 04:15 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., July 26, 2022 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on August 3, 2022, following the release of its results for the first quarter of fiscal year 2023 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
May 25, 2022 04:16 pm ET
Universal Corporation Reports Annual Results
RICHMOND, Va., May 25, 2022 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), stated, "I am proud of our fiscal year 2022 results which were generally comparable to those in fiscal year 2021. During fiscal year 2022, we continued to face a very challenging logistical environment in many of our key tobacco regions. Strong performance from our Ingredients Operations segment offset some challenges that reduced results in our Tobacco Operations segment.
May 25, 2022 04:15 pm ET
Universal Corporation Announces 52nd Annual Dividend Increase and Sets Annual Meeting Date
RICHMOND, Va., May 25, 2022 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-nine cents ($0.79) per share on the common shares of the Company, payable August 1, 2022, to common shareholders of record at the close of business on July 11, 2022.  This increase indicates an annualized rate of $3.16 per common share and a yield of approximately 5% based on the $60.22 closing price on May 23, 2022.
May 16, 2022 04:54 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., May 16, 2022 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on May 25, 2022, following the release of its results for the fiscal year 2022 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Feb 14, 2022 03:15 pm ET
Universal Corporation Recognized as a CDP Supplier Engagement Leader
RICHMOND, Va., Feb. 14, 2022 /PRNewswire/ -- Universal Corporation (NYSE:UVV) has been recognized as a 2021 Supplier Engagement Leader by CDP, a nonprofit charity that runs a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. The CDP's Supplier Engagement Rating (SER) system independently evaluates how effectively companies are engaging their suppliers on climate change, using the CDP's annual climate change questionnaire that covers governance, targets, scope 3 emissions, and value chain engagement.  The top 8% of assessed co
Feb 02, 2022 03:16 pm ET
Universal Corporation Reports Nine Month Results
RICHMOND, Va., Feb. 2, 2022 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), stated, "Our operations produced solid results in the nine months ended December 31, 2021. We are especially pleased by the strong results from our Ingredients Operations segment. That segment is developing nicely and was bolstered by our acquisition of Shank's Extracts, Inc. ("Shank's") on October 4, 2021. Shank's adds valuable capabilities to the segment, including flavors and extracts, custom packaging, bottling, and product development.
Feb 02, 2022 03:15 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Feb. 2, 2022 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-eight cents ($0.78) per share on the common shares of the Company, payable May 2, 2022, to common shareholders of record at the close of business on April 11, 2022.  
Jan 26, 2022 03:14 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Jan. 26, 2022 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on February 2, 2022, following the release of its results for the third quarter of fiscal year 2022 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Dec 14, 2021 03:15 pm ET
Universal Corporation Releases 2021 Sustainability Report
RICHMOND, Va., Dec. 14, 2021 /PRNewswire/ -- Universal Corporation (NYSE:UVV) announced today the release of its 2021 Sustainability Report. "At Universal, sustainability has long been part of how we conduct business. We are committed to disclosing our operational activities as well as our sustainability performance consistently and in a transparent manner," said George C. Freeman III, Universal's Chairman, President, and Chief Executive Officer. "We are excited about our sustainability goals and targets outlined in this report and will continue to build upon our global programs to reinforce
Nov 03, 2021 04:16 pm ET
Universal Corporation Reports Six Month Results
RICHMOND, Va., Nov. 3, 2021 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), stated, "I am pleased with our results for the first six months of fiscal year 2022. Our tobacco operations have continued to perform well, and our ingredients operations, which include our October 2020 acquisition of Silva International, Inc. ("Silva"), are making solid contributions to our results.
Nov 03, 2021 04:15 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Nov. 3, 2021 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-eight cents ($0.78) per share on the common shares of the Company, payable February 7, 2022, to common shareholders of record at the close of business on January 10, 2022.  
Oct 27, 2021 04:15 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Oct. 27, 2021 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on November 3, 2021, following the release of its results for the second quarter of fiscal year 2022 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Oct 04, 2021 04:16 pm ET
Universal Corporation Completes Acquisition of Shank's Extracts, Inc.
RICHMOND, Va., Oct. 4, 2021 /PRNewswire/ -- Universal Corporation (NYSE: UVV) today announced that it has successfully completed its previously announced acquisition of Shank's Extracts, Inc. ("Shank's"), a privately-held, specialty ingredient, flavoring and food company with bottling and packaging capabilities. Universal funded the transaction with a combination of cash on hand and existing borrowing capacity.  The acquisition expands Universal's plant-based ingredients platform, adding to the Company's product offerings and growing the value-added services available to its customers by add
Sep 07, 2021 08:00 am ET
Universal Corporation to Acquire Shank's Extracts, Inc., a Well-Established Provider of Flavoring and Extracts
RICHMOND, Va., Sept. 7, 2021 /PRNewswire/ -- Universal Corporation (NYSE: UVV) today announced that it has entered into a definitive agreement to acquire Shank's Extracts, Inc. ("Shank's"), a privately-held, specialty ingredient, flavoring and food company with bottling and packaging capabilities. Following the close of the transaction, Shank's will operate as part of Universal's plant-based ingredients platform, which includes Silva International, Inc. ("Silva") and FruitSmart, Inc. ("FruitSmart").
Aug 04, 2021 04:16 pm ET
Universal Corporation Reports First Quarter Results
RICHMOND, Va., Aug. 4, 2021 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), stated, "We are off to a good start for fiscal year 2022. Results for our Tobacco Operations segment improved on higher African carryover tobacco shipments and a favorable tobacco product mix in the three months ended June 30, 2021, compared to the three months ended June 30, 2020. Our Ingredients Operations segment, which includes our October 2020 acquisition of Silva International, Inc. ("Silva"), delivered very strong performance in the
Aug 04, 2021 04:15 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Aug. 4, 2021 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-eight cents ($0.78) per share on the common shares of the Company, payable November 1, 2021, to common shareholders of record at the close of business on October 11, 2021.  
Jul 27, 2021 05:11 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., July 27, 2021 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on August 4, 2021, following the release of its results for the first quarter of fiscal year 2022 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Feb 08, 2021 03:16 pm ET
Universal Corporation Reports Nine Month Results
RICHMOND, Va., Feb. 8, 2021 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), stated, "Tobacco shipments in the third quarter of fiscal year 2021 exceeded our previous expectations as customer mandated timing for some shipments forecast for the fourth fiscal quarter were accelerated into the third fiscal quarter. As a result, total tobacco shipment volumes for the nine months ended December 31, 2020, are similar to those of the prior year's comparable fiscal period. The majority of our remaining committed tobacco or
Feb 08, 2021 03:15 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Feb. 8, 2021 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-seven cents ($0.77) per share on the common shares of the Company, payable May 3, 2021, to common shareholders of record at the close of business on April 12, 2021.  
Jan 26, 2021 04:05 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Jan. 26, 2021 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on February 8, 2021, following the release of its results for the third quarter of fiscal year 2021 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Nov 05, 2020 03:16 pm ET
Universal Corporation Reports Six Month Results
RICHMOND, Va., Nov. 5, 2020 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), stated, "as we mentioned in our first fiscal quarter, timing factors related to COVID-19 continued to impact our results in the second quarter of fiscal year 2021. Our tobacco customer orders for crop year 2020 are strong, however, and the vast majority of these committed orders are packed awaiting shipment, with customer mandated shipment timing heavily weighted to our fourth quarter of fiscal year 2021. In addition, our uncommitted invent
Nov 05, 2020 03:15 pm ET
Universal Corporation Announces Quarterly Dividend and Share Repurchase Program
RICHMOND, Va., Nov. 5, 2020 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-seven cents ($0.77) per share on the common shares of the Company, payable February 1, 2021, to common shareholders of record at the close of business on January 11, 2021.  
Oct 26, 2020 05:24 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Oct. 26, 2020 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on November 5, 2020, following the release of its results for the second quarter of fiscal year 2021 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Aug 07, 2020 04:15 pm ET
Universal Corporation Obtains U.S. Customs Modification for Malawi Tobacco
RICHMOND, Va., Aug. 7, 2020 /PRNewswire/ -- Universal Corporation (NYSE: UVV) announced today that it has successfully obtained a modification from U.S. Customs and Border Protection ("CBP") of an existing Withhold Release Order ("WRO") on all imports of tobacco from Malawi into the United States.  The modification, effective July 31, 2020, excludes the Company's Malawi subsidiary, Limbe Leaf Tobacco Company Ltd. ("Limbe Leaf"), from the WRO and confirms that tobacco imported from Limbe Leaf is admissible at all U.S. ports of entry. 
Aug 05, 2020 04:44 pm ET
Universal Corporation Reports First Quarter Results
RICHMOND, Va., Aug. 5, 2020 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), reported net income of $7.3 million, or $0.29 per diluted share, for the first quarter of fiscal year 2021, which ended on June 30, 2020. Those results were up $5.2 million compared with net income of $2.1 million, or $0.08 per diluted share, for the first quarter of fiscal year 2020. Excluding certain non-recurring items, detailed in Other Items below, net income and diluted earnings per share declined by $4.3 million and $0.17, respective
Aug 05, 2020 04:15 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Aug. 5, 2020 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-seven cents ($0.77) per share on the common shares of the Company, payable November 2, 2020, to common shareholders of record at the close of business on October 12, 2020.  
Jul 29, 2020 04:48 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., July 29, 2020 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on August 5, 2020, following the release of its results for the first quarter of fiscal year 2021 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
May 27, 2020 04:16 pm ET
Universal Corporation Reports Annual Results
RICHMOND, Va., May 27, 2020 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), reported net income for the fiscal year ended March 31, 2020, of $71.7 million, or $2.86 per diluted share, compared with $104.1 million, or $4.11 per diluted share, for the prior fiscal year. Excluding restructuring and impairment costs and certain non-recurring items, detailed in Other Items below, net income and diluted earnings per share declined by $25.3 million and $0.96, respectively, for fiscal year 2020, compared to fiscal year 201
May 27, 2020 04:15 pm ET
Universal Corporation Announces 50th Annual Dividend Increase and Sets Annual Meeting Date
RICHMOND, Va., May 27, 2020 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-seven cents ($0.77) per share on the common shares of the Company, payable August 3, 2020, to common shareholders of record at the close of business on July 13, 2020.  This increase indicates an annualized rate of $3.08 per common share and a yield of approximately 7% based on the $44.35 closing price on May 26, 2020.
May 19, 2020 04:25 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., May 19, 2020 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on May 27, 2020, following the release of its results for fiscal year 2020 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Mar 31, 2020 04:15 pm ET
Universal Corporation Appoints J. Patrick O'Keefe as Senior Vice President of Universal Global Ventures, Inc.
RICHMOND, Va., March 31, 2020 /PRNewswire/ -- Universal Corporation (NYSE: UVV) today announced that it has appointed J. Patrick O'Keefe as Senior Vice President of Universal Global Ventures, Inc., effective April 1, 2020.  Universal Global Ventures, Inc. is a wholly-owned non-tobacco subsidiary of Universal Corporation that holds FruitSmart, Inc., Universal's recently acquired independent specialty fruit and vegetable ingredient processor serving global markets.
Nov 12, 2019 05:30 am ET
Universal Corporation Reports Six Month Results
RICHMOND, Va., Nov. 12, 2019 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), reported net income for the first half of fiscal year 2020, which ended on September 30, 2019, of $30.1 million, or $1.19 per diluted share, compared with $44.6 million, or $1.76 per diluted share, for the same period of the prior fiscal year. Included in the results for both periods were certain non-recurring income tax items, detailed in Other Items below, which reduced diluted earnings per share by $0.11 and increased diluted earnings
Nov 12, 2019 05:15 am ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Nov. 12, 2019 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-six cents ($0.76) per share on the common shares of the Company, payable February 3, 2020, to common shareholders of record at the close of business on January 13, 2020.  
Nov 01, 2019 04:15 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Nov. 1, 2019 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on November 12, 2019, following the release of its results for the second quarter of fiscal year 2020 before market open on that date. The conference call will begin at 8:30 a.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Aug 07, 2019 04:16 pm ET
Universal Corporation Reports First Quarter Results
RICHMOND, Va., Aug. 7, 2019 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), reported net income of $2.1 million, or $0.08 per diluted share, for the first quarter of fiscal year 2020, which ended on June 30, 2019. Those results were down $11.1 million compared with net income of $13.2 million, or $0.52 per diluted share, for the first quarter of fiscal year 2019. Included in the results for both periods were certain non-recurring income tax items, detailed in Other Items below, which reduced diluted earnings per s
Aug 07, 2019 04:15 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Aug. 7, 2019 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-six cents ($0.76) per share on the common shares of the Company, payable November 4, 2019, to common shareholders of record at the close of business on October 7, 2019.  
Jul 30, 2019 04:32 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., July 30, 2019 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on August 7, 2019, following the release of its results for the first quarter of fiscal year 2020 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
May 22, 2019 04:16 pm ET
Universal Corporation Reports Annual Results
RICHMOND, Va., May 22, 2019 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), reported net income for the fiscal year ended March 31, 2019, of $104.1 million, or $4.11 per diluted share, compared with $105.7 million, or $4.14 per diluted share, for the prior fiscal year. Those results included certain non-recurring items, detailed in Other Items below, which decreased diluted earnings per share by $0.34 and increased diluted earnings per share by $0.18 for the fiscal years ended March 31, 2019 and March 31, 2018, res
May 22, 2019 04:15 pm ET
Universal Corporation Announces 49th Annual Dividend Increase and Sets Annual Meeting Date
RICHMOND, Va., May 22, 2019 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-six cents ($0.76) per share on the common shares of the Company, payable August 5, 2019, to common shareholders of record at the close of business on July 8, 2019.  This increase indicates an annualized rate of $3.04 per common share and a yield of approximately 6% based on the $51.35 closing price on May 21, 2019.
May 13, 2019 04:24 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., May 13, 2019 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on May 22, 2019, following the release of its results for fiscal year 2019 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Feb 07, 2019 03:16 pm ET
Universal Corporation Reports Nine Month Results
RICHMOND, Va., Feb. 7, 2019 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), reported net income for the nine months ended on December 31, 2018, of $72.8 million, or $2.87 per diluted share, compared with $75.1 million, or $2.94 per diluted share, for the same period of the prior fiscal year. Those results included certain non-recurring items, detailed in Other Items below, which decreased diluted earnings per share by $0.32 and increased diluted earnings per share by $0.41 for the nine months ended December 31, 201
Feb 07, 2019 03:15 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Feb. 7, 2019 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-five cents ($0.75) per share on the common shares of the Company, payable May 6, 2019, to common shareholders of record at the close of business on April 8, 2019.  
Feb 06, 2019 07:24 am ET
Universal Corporation Announces Agreement with Philip Morris International Inc. to Supply Philippine Tobaccos
RICHMOND, Va., Feb. 6, 2019 /PRNewswire/ -- George C. Freeman, III, Chairman, President and Chief Executive Officer of Universal Corporation (NYSE: UVV) ("Universal"), announced today that the Company's subsidiary, Universal Leaf Philippines, Inc. ("ULPI") will be increasing its purchases of leaf tobaccos in the Philippines, as part of a new leaf supply arrangement for the Philippines with Philip Morris International Management SA ("PMIMSA"). Previously, PMFTC, Inc. ("PMFTC"), an affiliate of PMIMSA, purchased certain quantities of leaf tobaccos produced by their own contracted grower base a
Jan 31, 2019 08:16 am ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Jan. 31, 2019 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on February 7, 2019, following the release of its results for the third quarter of fiscal year 2019 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Nov 08, 2018 03:16 pm ET
Universal Corporation Reports Improved Six Month Results
RICHMOND, Va., Nov. 8, 2018 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), reported net income for the first half of fiscal year 2019, which ended on September 30, 2018, of $44.6 million, or $1.76 per diluted share, compared with $29.7 million, or $1.16 per diluted share, for the same period of the prior fiscal year. The first half of fiscal year 2019 included non-recurring tax benefits discussed in Other Items below that reduced income taxes and increased net income by $7.8 million, or $0.30 per diluted share. O
Nov 08, 2018 03:15 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Nov. 8, 2018 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-five cents ($0.75) per share on the common shares of the Company, payable February 4, 2019, to common shareholders of record at the close of business on January 7, 2019.  
Oct 31, 2018 01:57 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Oct. 31, 2018 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on November 8, 2018, following the release of its results for the second quarter of fiscal year 2019 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Oct 22, 2018 09:15 am ET
Analysis: Positioning to Benefit within Ligand Pharmaceuticals, AptarGroup, Unifirst, Universal, AutoZone, and Churchill Downs — Research Highlights Growth, Revenue, and Consolidated Results
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Ligand Pharmaceuticals Incorporated (NASDAQ:LGND), AptarGroup, Inc....
Aug 07, 2018 04:15 pm ET
Universal Corporation Reports Strong First Quarter Results
RICHMOND, Va., Aug. 7, 2018 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), reported net income of $13.2 million, or $0.52 per diluted share, for the first quarter of fiscal year 2019, which ended on June 30, 2018. Those results were up $9.6 million compared with net income of $3.6 million, or $0.14 per diluted share, for the first quarter of fiscal year 2018. The first quarter of fiscal year 2019 included a non-recurring tax benefit from the reversal of a previously recorded foreign dividend withholding tax liabi
Aug 07, 2018 01:47 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Aug. 7, 2018 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-five cents ($0.75) per share on the common shares of the Company, payable November 5, 2018, to common shareholders of record at the close of business on October 9, 2018.
Jul 31, 2018 09:19 am ET
Universal Corporation Announces Conference Call
RICHMOND, Va., July 31, 2018 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on August 7, 2018, following the release of its results for the first quarter of fiscal year 2019 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
May 29, 2018 12:07 pm ET
Universal Corporation Sets Annual Meeting Date
RICHMOND, Va., May 29, 2018 /PRNewswire/ -- Universal Corporation (NYSE: UVV) today announced that on Tuesday, May 22, 2018, its Board of Directors set the date of the Annual Meeting of Shareholders as Thursday, August 2, 2018.  It will be held at 2:00 p.m. at the Company's headquarters building.  The Board of Directors set the record date for the Annual Meeting of Shareholders as June 12, 2018.
May 24, 2018 07:30 am ET
Market Trends Toward New Normal in Urstadt Biddle Properties, Scotts Miracle-Gro, Universal, PetMed Express, Westwood Holdings Group, and Wabco — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Urstadt Biddle Properties Inc. (NYSE:UBA), Scotts Miracle-Gro Company...
May 23, 2018 04:17 pm ET
Universal Corporation Announces Enhanced Capital Allocation Strategy and 36% Dividend Increase
RICHMOND, Va., May 23, 2018 /PRNewswire/ -- Universal Corporation (NYSE: UVV) today announced that its Board of Directors approved on Tuesday, May 22, 2018, an enhanced capital allocation strategy that demonstrates the Company's focus on sustainable shareholder value creation. The enhanced strategy is the result of an extensive review of Universal's business and capital allocation strategies by the Company and its outside advisors that began in November 2016.
May 23, 2018 04:15 pm ET
Universal Corporation Reports Annual Results
RICHMOND, Va., May 23, 2018 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), reported that net income for the fiscal year ended March 31, 2018, was $105.7 million, or $4.14 per diluted share, compared with $106.3 million, or $0.88 per diluted share for the same period of the prior fiscal year.  The fiscal year 2017 results included a one-time reduction of earnings available to common shareholders of $74.4 million, or $2.99 per diluted share, from the conversion for cash of the remaining outstanding shares of our Se
May 18, 2018 04:03 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., May 18, 2018 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on May 23, 2018, following the release of its results for fiscal year 2018 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Apr 02, 2018 08:00 am ET
Report: Developing Opportunities within Twin Disc, PennantPark Floating Rate Capital, Universal, The Bancorp, Cavco Industries, and National Commerce — Future Expectations, Projections Moving into 201
NEW YORK, April 02, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Twin Disc, Incorporated (NASDAQ:TWIN), PennantPark Floating...
Feb 08, 2018 04:25 pm ET
Universal Corporation's David C. Moore to Retire as CFO; Johan C. Kroner Named Successor
RICHMOND, Va., Feb. 8, 2018 /PRNewswire/ -- David C. Moore, Senior Vice President and Chief Financial Officer of Universal Corporation (NYSE: UVV) ("Universal" or the "Company"), has announced his plans to retire effective August 31, 2018. The Board of Directors has named Johan C. Kroner, currently Senior Vice President, to succeed Mr. Moore as Chief Financial Officer as of September 1, 2018.
Feb 06, 2018 03:15 pm ET
Universal Corporation Reports Nine-Month Results
RICHMOND, Va., Feb. 6, 2018 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), reported that net income for the nine months ended December 31, 2017, was $75.1 million, or $2.94 per diluted share, compared with $73.4 million, or $2.63 per diluted share for the same period of the prior fiscal year.  For the third fiscal quarter ended December 31, 2017, net income was $45.4 million, or $1.78 per diluted share, compared with net income for the prior year's third quarter of $53.6 million, or $1.92 per diluted share. Net in
Feb 06, 2018 11:20 am ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Feb. 6, 2018 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of fifty-five cents ($0.55) per share on the common shares of the Company, payable May 7, 2018, to common shareholders of record at the close of business on April 9, 2018.
Jan 31, 2018 08:10 am ET
Investor Expectations to Drive Momentum within Eagle Bulk Shipping, Jones Lang LaSalle, Gladstone Land, Carvana, Atlantic Coast Financial, and Universal — Discovering Underlying Factors of Influence
NEW YORK, Jan. 31, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Eagle Bulk Shipping Inc. (NASDAQ:EGLE), Jones...
Jan 23, 2018 10:41 am ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Jan. 23, 2018 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on February 6, 2018, following the release of its results for the third quarter of fiscal year 2018 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Nov 07, 2017 04:15 pm ET
Universal Corporation Reports Improved Six-Month Results
RICHMOND, Va., Nov. 7, 2017 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), reported that net income for the six months ended September 30, 2017, was $29.7 million, or $1.16 per diluted share, compared with $19.8 million, or $0.54 per diluted share for the same period of the prior fiscal year.  Operating income for the six months ended September 30, 2017, of $51.5 million, increased by $16.2 million compared to the first half of the prior fiscal year.  For the second fiscal quarter ended September 30, 2017, net in
Nov 07, 2017 12:41 pm ET
Universal Corporation Announces 47th Annual Dividend Increase and Share Repurchase Program
RICHMOND, Va., Nov. 7, 2017 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), announced today that the Company's Board of Directors declared a quarterly dividend of fifty-five cents ($0.55) per share on the common shares of the Company, payable February 5, 2018, to common shareholders of record at the close of business on January 8, 2018.  This increase indicates an annualized rate of $2.20 per common share and a yield of approximately 3.8% based on the $57.90 closing price on November 6, 2017.
Oct 25, 2017 04:28 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Oct. 25, 2017 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on November 7, 2017, following the release of its results for the second quarter of fiscal year 2018 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Aug 03, 2017 05:15 pm ET
Universal Corporation Reports Improved First Quarter Results
RICHMOND, Va., Aug. 3, 2017 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), reported net income of $3.6 million, or $0.14 per diluted share, for the first quarter of fiscal year 2018, which ended on June 30, 2017. Those results were up $9.1 million compared with a net loss of $5.5 million, or $0.40 per diluted share, for the first quarter of fiscal year 2017. Operating income of $6.6 million for the quarter ended June 30, 2017, improved $14.6 million compared to an $8.0 million operating loss for the quarter
Aug 03, 2017 04:38 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Aug. 3, 2017 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), announced today that the Company's Board of Directors declared a quarterly dividend of fifty-four cents ($0.54) per share on the common shares of the Company, payable November 6, 2017, to common shareholders of record at the close of business on October 10, 2017.
Jul 21, 2017 10:48 am ET
Universal Corporation Announces Conference Call
RICHMOND, Va., July 21, 2017 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on August 3, 2017, following the release of its results for the first quarter of fiscal year 2018 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
May 23, 2017 05:15 pm ET
Universal Corporation Reports Annual Results
RICHMOND, Va., May 23, 2017 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), announced that net income for the fiscal year ended March 31, 2017, was $106.3 million, or $0.88 per diluted share, compared with fiscal year 2016's net income of $109.0 million, or $3.92 per diluted share. The fiscal year 2017 results included a one-time reduction of earnings available to common shareholders of $74.4 million, or $2.99 per diluted share, for purposes of determining the amounts reported for basic and diluted earnings per sh
May 23, 2017 02:20 pm ET
Universal Corporation Announces Quarterly Dividend and Sets Annual Meeting Date
RICHMOND, Va., May 23, 2017 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of fifty-four cents ($0.54) per share on the common shares of the Company, payable August 7, 2017, to common shareholders of record at the close of business on July 10, 2017.
May 11, 2017 03:09 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., May 11, 2017 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on May 23, 2017, following the release of its results for fiscal year 2017 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Mar 14, 2017 05:15 pm ET
Universal Corporation CFO Returns from Temporary Medical Leave of Absence
RICHMOND, Va., March 14, 2017 /PRNewswire/ -- Universal Corporation (NYSE: UVV), (the "Company"), announced today that Senior Vice President and Chief Financial Officer David C. Moore recently returned from a temporary medical leave of absence.  Effective immediately, Mr. Moore will resume his management duties and responsibilities as the Company's principal financial officer. 
Feb 07, 2017 04:15 pm ET
Universal Corporation Reports Improved Nine Month and Third Quarter Results
RICHMOND, Va., Feb. 7, 2017 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), reported that net income for the nine months ended December 31, 2016, was $73.4 million, or $2.63 per diluted share, compared with $61.1 million, or $2.18 per diluted share for the same period last year.  Operating income for the nine months ended December 31, 2016, of $118.5 million increased by $17.3 million compared to the nine months ended December 31, 2015.  For the third fiscal quarter ended December 31, 2016, net income was $53.6 mi
Feb 07, 2017 12:16 pm ET
Universal Corporation Announces Quarterly Dividend
RICHMOND, Va., Feb. 7, 2017 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of fifty-four cents ($0.54) per share on the common shares of the Company, payable May 8, 2017, to common shareholders of record at the close of business on April 10, 2017.
Jan 30, 2017 12:06 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Jan. 30, 2017 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on February 7, 2017, following the release of its results for the third quarter of fiscal year 2017 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Jan 12, 2017 04:30 pm ET
Universal Corporation Announces Update of Conversion Rate for the Mandatory Conversion of its Series B 6.75% Convertible Perpetual Preferred Stock
RICHMOND, Va., Jan. 12, 2017 /PRNewswire/ -- Universal Corporation (NYSE: UVV) ("Universal") today announced that it has updated the conversion rate to 22.4306 from 22.3920 on the mandatory conversion of its Series B 6.75% Convertible Perpetual Preferred Stock ("Series B Preferred Stock"). 
Jan 12, 2017 04:15 pm ET
Universal Corporation CFO to Take Temporary Medical Leave of Absence
RICHMOND, Va., Jan. 12, 2017 /PRNewswire/ -- Universal Corporation (NYSE: UVV), (the "Company"), announced today that Senior Vice President and Chief Financial Officer David C. Moore will be on a temporary medical leave of absence, effective immediately.  During the leave of absence, other executive officers of the Company will assume Mr. Moore's management duties while remaining in their current positions.  George C. Freeman III, Chairman, President, and Chief Executive Officer, will also act as the Company's principal financial officer.
Jan 09, 2017 08:30 am ET
Universal Corporation Announces Mandatory Conversion of Series B 6.75% Convertible Perpetual Preferred Stock
RICHMOND, Va., Jan. 9, 2017 /PRNewswire/ -- Universal Corporation (NYSE: UVV) ("Universal") today announced that all outstanding shares of its Series B 6.75% Convertible Perpetual Preferred Stock ("Series B Preferred Stock") will mandatorily convert on January 13, 2017 (the "Mandatory Conversion Date").
Nov 08, 2016 04:15 pm ET
Universal Corporation Reports Improved Six-Month Results
RICHMOND, Va., Nov. 8, 2016 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), reported that net income for the first half of fiscal year 2017, which ended on September 30, 2016, was $19.8 million, or $0.54 per diluted share, compared with $16.5 million, or $0.40 per diluted share for the same period last year.  Operating income for the six months ended September 30, 2016, of $35.3 million increased by $3.3 million compared to the first half of the prior year.  For the second fiscal quarter ended September 30, 2016,
Nov 08, 2016 12:07 pm ET
Universal Corporation Announces 46th Annual Increase in Dividends
RICHMOND, Va., Nov. 8, 2016 /PRNewswire/ -- George C. Freeman, III, Chairman, President and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of fifty-four cents ($0.54) per share on the common shares of the Company, payable February 6, 2017, to common shareholders of record at the close of business on January 9, 2017.  This increase indicates an annualized rate of $2.16 per common share and a yield of approximately 4.0% based on the $54.60 closing price on November 7, 2016. The Board of Directors
Oct 28, 2016 12:28 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Oct. 28, 2016 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on November 8, 2016, following the release of its results for the second quarter of fiscal year 2017 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Oct 10, 2016 02:19 pm ET
Universal Corporation Announces Dismissal of Lawsuit involving its Carolina Innovative Food Ingredients (CIFI) and Universal Leaf North America Subsidiaries
RICHMOND, Va., Oct. 10, 2016 /PRNewswire/ -- Universal Corporation (NYSE: UVV), (Universal), announced today the September 29, 2016 dismissal of a lawsuit filed in March 2016 by Mr. William Frank Lee and his company, Central Marketing, Inc., against Universal and its subsidiary, Carolina Innovative Food Ingredients, Inc. ("CIFI"), concerning the creation and establishment of the sweet potato processing business.  Universal Leaf North America U.S., Inc. was also named in the suit.
Aug 04, 2016 05:15 pm ET
Universal Corporation Announces Quarterly Dividends
RICHMOND, Va., Aug. 4, 2016 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), announced today that the Company's Board of Directors declared a quarterly dividend of fifty-three cents ($0.53) per share on the common shares of the Company, payable November 7, 2016, to common shareholders of record at the close of business on October 11, 2016.
Aug 04, 2016 05:15 pm ET
Universal Corporation Reports First Quarter Results
RICHMOND, Va., Aug. 4, 2016 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), reported a net loss of $5.5 million, or $0.40 per diluted share, for the first quarter of fiscal year 2017, which ended on June 30, 2016. Those results were relatively flat compared with a net loss of $5.9 million, or a $0.43 per diluted share, for the first quarter of fiscal year 2016. Results for the first fiscal quarter of 2016 included restructuring costs of $2.4 million ($1.6 million after-tax or $0.07 per diluted share). Operating lo
Jul 28, 2016 04:22 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., July 28, 2016 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on August 4, 2016, following the release of its results for the first quarter of fiscal year 2017 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 
Jul 11, 2016 05:15 pm ET
Universal Corporation Announces Change in Hungarian Operations
RICHMOND, Va., July 11, 2016 /PRNewswire/ -- Universal Corporation (NYSE: UVV) today announced that its subsidiary, Universal Leaf Tobacco Hungary Pte. Ltd., will discontinue the processing of leaf tobaccos in its factory in Nyíregyháza, Hungary effective immediately.  In order to further increase supply chain efficiencies in the European leaf tobacco market, Universal will concentrate the processing of Hungarian tobaccos in its facilities in Italy.
May 24, 2016 05:15 pm ET
Universal Corporation Reports Annual Results and Increased Fourth Quarter Earnings
RICHMOND, Va., May 24, 2016 /PRNewswire/ --  
May 24, 2016 01:38 pm ET
Universal Corporation Announces Quarterly Dividends and Sets Annual Meeting Date
RICHMOND, Va., May 24, 2016 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of fifty-three cents ($0.53) per share on the common shares of the Company, payable August 8, 2016, to common shareholders of record at the close of business on July 11, 2016.
May 09, 2016 03:35 pm ET
Universal Corporation Announces Conference Call
RICHMOND, Va., May 9, 2016 /PRNewswire/ -- Universal Corporation (NYSE:UVV) will webcast its conference call on May 24, 2016, following the release of its results for fiscal year 2016 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer.
Feb 03, 2016 04:15 pm ET
Universal Corporation Reports Nine-Month Results
RICHMOND, Va., Feb. 3, 2016 /PRNewswire/ --
Feb 03, 2016 01:15 pm ET
Universal Corporation Announces Quarterly Dividends
RICHMOND, Va., Feb. 3, 2016 /PRNewswire/ -- George C. Freeman, III, Chairman, President and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of fifty-three cents ($0.53) per share on the common shares of the Company, payable May 9, 2016, to common shareholders of record at the close of business on April 11, 2016.
Jan 26, 2016 11:12 am ET
Universal Corporation Announces Conference Call
RICHMOND, Va., Jan. 26, 2016 /PRNewswire/ -- Universal Corporation (NYSE: UVV) will webcast its conference call on February 3, 2016, following the release of its results for the third quarter of fiscal year 2016 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer. 

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