SEI Investments Company (NASDAQ:SEIC) Files An 8-K Other EventsItem 8.01. Other Events.
SEI Investments Company (NASDAQ:SEIC) Files An 8-K Other Events
On Tuesday, December 13, 2016, the Company issued a press release declaring a dividend of $0.28>(twenty-eight cents) per share. The cash dividend will be payable to shareholders of record on Tuesday, December 27, 2016>with a payment date of Friday, January 6, 2017. In addition, SEI’s Board of Directors also approved an increase in its stock repurchase program by an additional $200 million, increasing the available authorization under the program to approximately $242 million.
A copy of the press release is furnished as Exhibit 99.1 and incorporated in this Item 8.01 by reference.
As provided in General Instruction B.2 to Form 8-K, the information furnished in this Item 8.01 and Exhibit 99.1 hereto shall not be deemed “filed” for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing with the Securities and Exchange Commission, except as shall be expressly provided by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release dated December 13, 2016>of SEI Investments Company.
About SEI Investments Company (NASDAQ:SEIC)
SEI Investments Company (SEI) is a provider of investment processing, investment management and investment operations solutions. The Company enables corporations, financial institutions, financial advisors and ultra-high-net-worth families to create and manage wealth by providing investment and investment-business solutions. Its segments include Private Banks, Investment Advisors, Institutional Investors, Investment Managers and Investments in New Businesses. Its investment management business solutions include investment processing outsourcing solutions for providers of institutional and private-client wealth management services; investment management solutions for institutional investors, including retirement plan sponsors, not-for-profit organizations and individual investors, and investment operations outsourcing solutions for investment management firms, banks and investment companies that sponsor and distribute mutual funds, hedge funds and alternative investments. SEI Investments Company (NASDAQ:SEIC) Recent Trading Information
SEI Investments Company (NASDAQ:SEIC) closed its last trading session down -0.33 at 49.30 with 584,765 shares trading hands.
SEI Investments Company (SEI) is a provider of investment processing, investment management and investment operations solutions. The Company enables corporations, financial institutions, financial advisors and ultra-high-net-worth families to create and manage wealth by providing investment and investment-business solutions. Its segments include Private Banks, Investment Advisors, Institutional Investors, Investment Managers and Investments in New Businesses. Its investment management business solutions include investment processing outsourcing solutions for providers of institutional and private-client wealth management services; investment management solutions for institutional investors, including retirement plan sponsors, not-for-profit organizations and individual investors, and investment operations outsourcing solutions for investment management firms, banks and investment companies that sponsor and distribute mutual funds, hedge funds and alternative investments. SEI Investments Company (NASDAQ:SEIC) Recent Trading Information
SEI Investments Company (NASDAQ:SEIC) closed its last trading session down -0.33 at 49.30 with 584,765 shares trading hands.
