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☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED MARCH 31 , 2021 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM Commission File Number : 001-00652 UNIVERSAL CORPORATION ( Exact name of registrant as specified in its charter ) Virginia ( State or Other Jurisdiction of Incorporation or Organization ) 9201 Forest Hill Avenue , Richmond , Virginia 23235 ( Address of Principal Executive Offices ) ( Zip Code ) 804-359-9311 ( Registrant's telephone number , including area code ) Securities registered pursuant to Section 12 ( b ) of the Exchange Act : TO Title of each class Common Stock , no par value UVV Securities registered pursuant to Section 12 ( g ) of the Act : None Trading Symbol ( s ) Name of each exchange on which registered New York Stock Exchange Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes þ No o 54-0414210 ( I.R.S. Employer Identification Number ) Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes o No p Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes þ No o Large Accelerated Filer Smaller reporting company 0 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes p No o Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Accelerated filer ☐ Emerging growth company ☐ Non - accelerated filer ■ If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . DOCUMENTS INCORPORATED BY REFERENCE Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No The aggregate market value of the registrant's voting and non - voting common equity held by non - affiliates , based upon the closing sales price on the New York Stock Exchange of the registrant's common stock on September 30 , 2020 , the last business day of the registrant's most recently completed second fiscal quarter , was approximately $ 1.3 billion . As of May 25 , 2021 , the total number of shares of common stock outstanding was 24,514,867 . Part III incorporates certain information by reference from the registrant's 2021 Proxy Statement for the 2021 Annual Meeting of Stockholders , which will be filed no later than 120 days after the close of the registrant's fiscal year ended March 31 , 2021 .