Union Pacific said it will hold its 2024 Investor Day in Dallas, Texas, on September 19, 2024, and provide financial guidance on its operations and capital structure.

1. 01

   Union Pacific said it will hold its 2024 Investor Day in Dallas, Texas, on September 19, 2024, and provide financial guidance on its operations and capital structure.

2. 02

   Union Pacific said it expects annual capital investments of roughly $3.5 billion to $3.7 billion over the next 3 years.

3. 03

   The company said it plans annual share repurchases of $4 billion to $5 billion starting in 2025 over the next 3 years. It said its dividend payout ratio target is approximately 45% of earnings.

4. 04

   The company said it expects revenue excluding fuel surcharge revenue to grow faster than volume excluding coal over the next 3 years, and it outlined earnings per share compound annual growth in the high single to low double digit range.

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Original filing

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