Chemed Approves $300 Million in Additional Stock Repurchases-February 2024-www.financetom.com

Chemed Approves $300 Million in Additional Stock Repurchases

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Chemed Approves $300 Million in Additional Stock Repurchases

Nov 9, 2024 12:14 AM

12:36 PM EST, 11/08/2024 (MT Newswires) -- Chemed ( CHE ) said Friday its board has approved $300 million in additional stock repurchases.

The company plans to fund the repurchase program with its cash from operations and revolving credit facility.

Chemed ( CHE ) maintained its quarterly dividend at $0.50 per share, payable Dec. 6 to shareholders of record as of Nov. 18.

Price: 557.89, Change: +3.16, Percent Change: +0.57

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