Unum reported operating income of of $208.6 million in the fourth quarter of 2009, or 66 cents per share, missing analyst expectations by three cents.
The company simultaneously announced a $1 billion share buyback program, which President and CEO Tom Watjen said "sends a strong statement about our confidence in the future, much the way last week¹s ratings upgrade by A.M. Best speaks to the confidence they have in our company."
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