Markets SEIC

SEI Investments Approves $500 Mln Stock Buyback Program

(RTTNews) - The Board of Directors of SEI Investments Company (SEIC) Tuesday approved an increase in its stock repurchase program by an additional $500 million.

This increases the available authorization under the program to approximately $556 million, which includes $56 million remaining under the company's existing share repurchase authorization

SEI is a 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 December 31, 2024, SEI manages, advises, or administers approximately $1.6 trillion in assets.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available