KANSAS CITY, Mo.--(BUSINESS WIRE)--
During a meeting of the Board of Directors (the “Board”) of UMB
Financial Corporation (Nasdaq: UMBF) held today, the Board declared a
$0.255 per share quarterly cash dividend, payable on July 3, 2017 to the
company’s shareholders of record on the close of business on June 9,
2017.
As in prior years, the Board has approved the repurchase of up to
2,000,000 shares of the company’s common stock from time to time at any
point until the regular meeting of the Board that immediately follows
the 2018 annual meeting of the company’s shareholders. Shares acquired
under the repurchase program may be available for reissuance or resale,
including in connection with the company's compensation plans and
dividend reinvestment plan. Under the repurchase program, the company
may acquire the shares from time to time in open market or privately
negotiated transactions, at the discretion of management, and on terms
(including quantity, timing, and price) that 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, as well as two national
specialty-lending businesses. 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170425005262/en/
UMB Financial Corporation
Media Contact:
Rachael
Crocker, 816-860-7775
or
Investor Relations Contact:
Kay
Gregory, 816-860-7106
Source: UMB Financial Corporation