SEI Declares Increase in Stock Repurchase Program
(firmenpresse) - OAKS, PA -- (Marketwired) -- 04/19/16 -- The Board of Directors of SEI Investments Company (NASDAQ: SEIC) today announced an increase in its stock repurchase program by an additional $200 million, increasing the available authorization under the program to approximately $232.5 million. Since the beginning of calendar year 2016, the Company repurchased approximately 2.1 million shares at a cost of approximately $80.6 million.
SEI (NASDAQ: SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of December 31, 2015, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $670 billion in mutual fund and pooled or separately managed assets, including $262 billion in assets under management and $408 billion in client assets under administration. For more information, visit .
Nicole Vattimo
SEI
610-676-4385
Dana Grosser
SEI
610-676-2459
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Datum: 19.04.2016 - 14:05 Uhr
Sprache: Deutsch
News-ID 1429128
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Commercial & Investment Banking
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