KANSAS CITY, Mo.--(BUSINESS WIRE)--
The Board of Directors of UMB Financial Corporation (Nasdaq: UMBF), a
financial holding company, declared during a meeting on April 28, 2015,
a $0.235 per share quarterly cash dividend, payable on July 1, 2015, to
the company’s shareholders of record at the close of business on June
10, 2015.
The Board of Directors also authorized the repurchase of up to 2,000,000
shares of the company’s common stock from time to time until the meeting
of the Board that immediately follows the 2016 annual meeting of the
company’s shareholders. Shares purchased under the program will be used
for general corporate purposes and may be available for re-issuance,
including in connection with the company's stock plans and dividend
reinvestment plan. The company may repurchase the shares from time to
time in open market or privately negotiated transactions, at the
discretion of the company’s management, and on terms (including
quantity, timing, and price) that the company’s management determines to
be necessary, appropriate, or advisable.
About UMB:
UMB Financial Corporation (Nasdaq: UMBF) is a diversified financial
holding company headquartered in Kansas City, Mo., offering complete
banking services, payment solutions, asset servicing and institutional
investment management to customers. UMB operates banking and wealth
management centers throughout Missouri, Illinois, Colorado, Kansas,
Oklahoma, Nebraska, Arizona and Texas. Subsidiaries of the holding
company include companies that offer services to mutual funds and
alternative-investment entities and registered investment advisors that
offer equity and fixed income strategies to institutions and individual
investors. For more information, visit umb.com,
umbfinancial.com,
blog.umb.com
or follow us on Twitter at @UMBBank, Facebook at facebook.com/UMBBank
and LinkedIn at linkedin.com/company/umb-bank.
UMB Financial Corporation
Media Contact:
Kelli
Christman, 816-860-5088
or
Investor Relations Contact:
Abby
Wendel, 816-860-1685
Source: UMB Financial Corporation