SEI Declares Dividend of $.16 per Share, an Increase in Stock Repurchase Program, and a Special Dividend of $.32 per Share
December 11, 2012 14:45 ET
SEI Declares Dividend of $.16 per Share, an Increase in Stock Repurchase Program, and a Special Dividend of $.32 per Share
OAKS, PA--(Marketwire - Dec 11, 2012) - The Board of Directors of SEI Investments Company (
In addition, SEI's Board of Directors also approved an increase in its stock repurchase program by an additional $50 million, increasing the available authorization under the program to approximately $100 million. Since the beginning of calendar year 2012, the Company repurchased approximately 7.1 million shares at a cost of approximately $146 million.
Finally, SEI's Board of Directors also declared a one-time, special cash dividend of $.32 per share. This dividend will also be payable to shareholders of record on December 21, 2012, with a payment date of December 28, 2012.
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