SEI Declares Dividend of $0.33 Per Share and Announces Increase in Stock Repurchase Program

OAKS, Pa., Dec. 11, 2018

The board also announced an increase in its stock repurchase program by an additional $250 million, increasing the available authorization under the program to approximately $268 million.  Since the beginning of calendar year 2018, the Company repurchased approximately 5.6 million shares at a cost of approximately $352.4 million.

About SEI

After 50 years in business, SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of Sept. 30, 2018, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $920 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $339 billion in assets under management and $576 billion in client assets under administration. For more information, visit seic.com.

Investor Contact:
Lindsey Opsahl
SEI
+1 610-676-4052
lopsahl@seic.com

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SOURCE SEI