SEI Increases Stock Share Repurchase Program by $650 Million

SEI Investments Company (NASDAQ:SEIC) announced that its Board approved an increase to the company's stock repurchase program by $650 million, raising the program's available authorization to approximately $773.2 million.

Rhea-AI Summary

SEI Investments Company (NASDAQ:SEIC) announced that its Board approved an increase to the company's stock repurchase program by $650 million, raising the program's available authorization to approximately $773.2 million. The total includes $123.2 million remaining under the prior share repurchase authorization as of October 20, 2025.

Positive

• Buyback increase of $650 million
• Total repurchase authorization approximately $773.2 million
• Prior remaining authorization $123.2 million as of Oct 20, 2025

Negative

• None.

Argus Oct 27 session

+1.42% close to close Open Argus

Details

News Market Reaction – SEIC

On Oct 27, the first trading day after this news, SEIC closed 1.42% above the previous close.

Data tracked by StockTitan Argus for the Oct 27 session.

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OAKS, Pa., Oct. 24, 2025 /PRNewswire/ -- The Board of Directors of SEI Investments Company approved an increase in its stock repurchase program by an additional $650 million, increasing the available authorization under the program to approximately $773.2 million, which includes $123.2 million as of October 20, 2025 remaining under the company's existing share repurchase authorization.

About SEI^®
SEI (NASDAQ: SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that's money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of Sept. 30, 2025, SEI manages, advises, or administers approximately $1.8 trillion in assets. For more information, visit seic.com.

Investor Relations Contact:	Media Contact:
Brad Burke	Leslie Wojcik
SEI	SEI
+1 610-676-5350	+1 610-676-4191
bburke2@seic.com	lwojcik@seic.com

 

View original content:https://www.prnewswire.com/news-releases/sei-increases-stock-share-repurchase-program-by-650-million-302594285.html

SOURCE SEI Investments Company

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did SEI (SEIC) announce on October 24, 2025 about share repurchases?

The Board approved a $650 million increase to the share repurchase program, raising total authorization to about $773.2 million.

How much remaining authorization did SEI have before the October 24, 2025 increase?

SEI had $123.2 million remaining under its prior share repurchase authorization as of October 20, 2025.

What is the new total share repurchase authorization for SEI (SEIC)?

The new available authorization is approximately $773.2 million after the $650 million increase.

Does the October 24, 2025 announcement state how SEI will fund the additional $650 million repurchase?

No— the announcement only reports the Board-approved increase in authorization and the resulting total; it does not specify funding sources.

Will the $650 million increase in SEI's repurchase program immediately reduce shares outstanding?

The announcement increases authorization only; it does not state any immediate repurchase timing or executed share reductions.

How does the $123.2 million figure relate to SEI's repurchase program as of October 20, 2025?

The $123.2 million represents the remaining amount available under the company's existing share repurchase authorization as of October 20, 2025.