financetom
Business
financetom
/
Business
/
Service Corporation International Board Increases Share Repurchase Authorization
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Service Corporation International Board Increases Share Repurchase Authorization
May 26, 2025 2:07 AM

11:45 AM EDT, 05/06/2025 (MT Newswires) -- Service Corporation International ( SCI ) said Tuesday its board increased the share repurchase authorization by about $528 million.

The share repurchase program now expands to a total of $600 million, including $72 million of authority remaining under the existing program, according to the company.

The company said its board kept its quarterly cash dividend at $0.32 per share, payable on June 30 to shareholders of record on June 13.

Price: 76.12, Change: +0.94, Percent Change: +1.25

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Harley CEO Zeitz plans to retire in 2025
Harley CEO Zeitz plans to retire in 2025
Apr 8, 2025
April 8 (Reuters) - Harley-Davidson's ( HOG ) Jochen Zeitz plans to retire as CEO in 2025 after five years in the role, the American motorcycle maker said on Tuesday. Zeitz, hailed for turning around German footwear brand Puma's near-bankrupt business, joined Harley's board in 2007 and was tapped as CEO in May 2020. At Harley, Zeitz launched the Hardwire...
UBS Sees Short-Term US Dollar-Canadian Dollar Upside Risks
UBS Sees Short-Term US Dollar-Canadian Dollar Upside Risks
Apr 8, 2025
08:43 AM EDT, 04/08/2025 (MT Newswires) -- The Canadian dollar (CAD or loonie) outperformed high-beta peers around the globe on Liberation Day last week when the United States introduced reciprocal trade tariffs as Canada was left out of the list of tariffed nations, said UBS. The major question is whether Canada is off the hook for good or merely bought...
Market Chatter: European Pharma Firms Warn of Exodus to US Over Trump Tariffs
Market Chatter: European Pharma Firms Warn of Exodus to US Over Trump Tariffs
Apr 8, 2025
08:39 AM EDT, 04/08/2025 (MT Newswires) -- European pharmaceutical companies and their lobbyists warned European Union President Ursula von der Leyen that US President Donald Trump's tariffs will encourage more and more biotech firms to migrate to the US unless the bloc makes changes, Reuters reported Tuesday, citing industry sources. A representative of the European Federation of Pharmaceutical Industries and...
Microbix Provides Business Update On U.S. & Reciprocal Tariff Outcomes
Microbix Provides Business Update On U.S. & Reciprocal Tariff Outcomes
Apr 8, 2025
08:42 AM EDT, 04/08/2025 (MT Newswires) -- Microbix Biosystems ( MBXBF ) on Tuesday said it currently believes that no tariffs will apply to any products that it is selling into the U.S., as they remain exempt under the USMCA trade agreement. However, the possibility of reciprocal tariffs by Canada on life sciences equipment and consumables made in the U.S....
Copyright 2023-2025 - www.financetom.com All Rights Reserved