Chemed Boosts Stock Buyback Authorization by $300M

Dow Jones

02/14

By Elias Schisgall

Chemed board of directors approved an additional $300 million for stock buybacks.

The company, which owns a hospice care provider and a plumbing and drain cleaning business, said Friday its board had authorized the new buyback capacity under Chemed's existing share repurchase program.

Chemed said share repurchases would be funded from a combination of cash and the company's revolving credit facility.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

February 13, 2026 13:47 ET (18:47 GMT)

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