Universal Corp /va/ (UVV): Charles H Jr Foster , director of Universal Corp /va/ sold 7,146 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were sold at $55.47 per share for a total value of $396,427.44 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 25, 2016, Chester A Crocker (director) sold 1,000 shares at $54.22 per share price.On Feb 22, 2016, Robert C Sledd (director) sold 1,925 shares at $54.77 per share price.Also, On Feb 16, 2016, Eddie N Jr Moore (director) sold 1,100 shares at $54.27 per share price.On Dec 1, 2015, Preston Douglas Wigner (VP, General Counsel & Secy) sold 6,500 shares at $56.74 per share price.
Shares of Universal Corp (UVV) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.09% at $55.58 with 1,37,667 shares getting traded. Post opening the session at $55.51, the shares hit an intraday low of $55.21 and an intraday high of $55.722 and the price vacillated in this range throughout the day. The company has a market cap of $1,263 M and the number of outstanding shares has been calculated to be 2,27,17,735 shares. The 52-week high of Universal Corp is $58.89 and the 52-week low is $45.6101.
On May 24, 2016, Universal Corp announced a cash dividend of $0.5300. The company’s management has announced Jul 7, 2016 as the ex-dividend date and fixed the record date on Jul 11, 2016. The payable date has been fixed on Aug 8, 2016.
Universal Corporation is a global leaf tobacco supplier. The Company is engaged in procuring financing processing packing storing and shipping flue-cured and burley leaf tobacco for manufacturers of consumer tobacco products. The Company’s operating segment includes North America South America Africa Europe Asia Dark Air-Cured Oriental and Special Services. North America South America Africa Europe and Asia are involved in flue-cured and/or burley leaf tobacco operations for supply to cigarette manufacturers. The Dark Air-Cured group supplies dark air-cured tobacco to manufacturers of cigars pipe tobacco and smokeless tobacco products. The Oriental business supplies oriental tobacco to cigarette manufacturers. Special Services includes the Company’s laboratory services business which provides physical and chemical product testing and smoke testing for customers as well as its liquid nicotine joint venture and its food and vegetable ingredients business.