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
$0.30 per share quarterly cash dividend, payable on July 1, 2019 to the
company’s shareholders of record on the close of business on June 10,
2019.
As in prior years, the Board has approved the repurchase of up to
2,000,000 shares of the company’s common stock. Share repurchases may
occur from time to time at any point until the regular meeting of the
Board that immediately follows the 2020 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.
About UMB:
UMB Financial Corporation (Nasdaq: UMBF) is a financial services company
headquartered in Kansas City, Mo. UMB offers personal banking,
commercial banking, healthcare services and institutional banking, which
includes services to mutual funds and alternative-investment entities
and investment advisory firms. UMB operates banking and wealth
management centers throughout Missouri, Illinois, Colorado, Kansas,
Oklahoma, Nebraska, Arizona and Texas. For more information, visit UMB.com,
UMB
Blog or follow us on Twitter at @UMBBank, UMB
Facebook and UMB
LinkedIn.
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Media Contact:
Kristin Kovach, 816.507.1069
Investor
Relations Contact:
Kay Gregory, 816.860.7106
Source: UMB Financial Corporation