UMB Financial Corp. (UMBF) said Tuesday that its Board of Directors has authorized the repurchase of up to 2 million shares of the company's common stock during the next 12 months.
Shares purchased under the program will be used for general corporate purposes and may be available for re-issuance in connection with the company's stock plans and dividend reinvestment plan.
The company also said its board declared during the company's quarterly board meeting a $0.205 quarterly cash dividend, payable on July 2 to shareholders of record on June 8.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.