Company Increases Share Repurchase Program by $200 Million
Press release
SEI Declares Dividend of $0.40 per Share
OAKS, Pa., Dec. 13, 2021 – The Board of Directors of SEI Investments Company (NASDAQ: SEIC) on Dec. 10, 2021 declared a regular semi-annual dividend of $0.40 (forty cents) per share. The cash dividend will be payable to shareholders of record on Dec. 21, 2021, with a payment date of Jan. 7, 2022.
The Board of Directors of SEI Investments Company also approved an increase in its stock repurchase program by an additional $200 million, increasing the available authorization under the program to approximately $261 million.
SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to solve problems, manage change and help protect assets—for growth today and in the future. As of Sept. 30, 2021, SEI manages, advises, or administers approximately $1.3 trillion in assets.