SEI Increases Stock Share Repurchase Program by $500 Million
SEI Investments Company (SEIC) announced a significant expansion of its stock repurchase program, with its Board of Directors approving an additional $500 million authorization. This increase brings the total available authorization under the program to approximately $556 million, which includes $56 million remaining from the company's existing share repurchase authorization.
SEI Investments Company (SEIC) ha annunciato un'importante espansione del suo programma di riacquisto di azioni, con il Consiglio di Amministrazione che ha approvato un'autorizzazione aggiuntiva di 500 milioni di dollari. Questo aumento porta l'autorizzazione totale disponibile sotto il programma a circa 556 milioni di dollari, che include 56 milioni di dollari rimanenti dall'autorizzazione esistente per il riacquisto di azioni della società.
SEI Investments Company (SEIC) anunció una expansión significativa de su programa de recompra de acciones, con la aprobación de su Junta Directiva para una autorización adicional de 500 millones de dólares. Este aumento eleva la autorización total disponible bajo el programa a aproximadamente 556 millones de dólares, que incluye 56 millones de dólares que quedan de la autorización existente para la recompra de acciones de la empresa.
SEI Investments Company (SEIC)는 주식 매입 프로그램의 대규모 확장을 발표했으며, 이사회에서 추가 5억 달러의 승인을 승인했습니다. 이 증가는 프로그램 하에 사용할 수 있는 총 승인을 약 5억 5천 6백만 달러로 끌어올리며, 여기에는 회사의 기존 주식 매입 승인에서 남아 있는 5천 6백만 달러가 포함됩니다.
SEI Investments Company (SEIC) a annoncé une expansion significative de son programme de rachat d'actions, le conseil d'administration ayant approuvé une autorisation supplémentaire de 500 millions de dollars. Cette augmentation porte le total des autorisations disponibles dans le cadre du programme à environ 556 millions de dollars, ce qui inclut 56 millions de dollars restant de l'autorisation existante de rachat d'actions de l'entreprise.
SEI Investments Company (SEIC) hat eine bedeutende Erweiterung seines Aktienrückkaufprogramms angekündigt, wobei der Vorstand eine zusätzliche Genehmigung von 500 Millionen Dollar genehmigt hat. Diese Erhöhung bringt die insgesamt verfügbare Genehmigung im Rahmen des Programms auf etwa 556 Millionen Dollar, einschließlich 56 Millionen Dollar, die von der bestehenden Genehmigung des Unternehmens für den Aktienrückkauf verbleiben.
- Board approved substantial $500 million increase to share buyback program
- Total buyback authorization of $556 million signals strong commitment to returning value to shareholders
- Large buyback program indicates management's confidence in company's financial position
- Significant cash allocation to buybacks may reduce funds available for business investments or acquisitions
About SEI®
SEI (NASDAQ:SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that's money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of Dec. 31, 2024, SEI manages, advises, or administers approximately
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SOURCE SEI Investments Company
FAQ
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