SEI Declares $0.15 per Share Dividend and $100 Million Increase in Stock Repurchase Program
(firmenpresse) - OAKS, PA -- (Marketwire) -- 12/13/11 -- The Board of Directors of SEI Investments Company (NASDAQ: SEIC) today declared a dividend of $0.15 (fifteen cents) per share. The cash dividend will be payable to shareholders of record on December 28, 2011 with a payment date of January 6, 2012.
In addition, SEI's Board of Directors approved an increase in its stock repurchase program by an additional $100 million. Since the beginning of calendar year 2011, the Company repurchased approximately 10.5 million shares at a cost of approximately $201 million.
SEI (NASDAQ: SEIC) is a leading global provider of investment processing, fund processing, and investment management business outsourcing solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of September 30, 2011, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $395 billion in mutual fund and pooled assets or separately managed assets, including $162 billion in assets under management and $233 billion in client assets under administration. For more information, visit .
Dana Grosser
610-676-2459
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Datum: 13.12.2011 - 21:10 Uhr
Sprache: Deutsch
News-ID 96676
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OAKS, PA
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Commercial & Investment Banking
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