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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.