OAKS, PA — (Marketwire) — 05/23/12 — The Board of Directors of SEI Investments Company (NASDAQ: SEIC) today declared a dividend of $.15 (fifteen cents) per share. The cash dividend will be payable to shareholders of record on June 18, 2012, with a payment date of June 26, 2012.
In addition, SEI-s Board of Directors also approved an increase in its stock repurchase program by an additional $100 million. Since the beginning of calendar year 2012, the Company repurchased approximately 2.6 million shares at a cost of approximately $52.4 million.
SEI (NASDAQ: SEIC) is a leading global provider of investment processing, fund processing, and investment management business outsourcing solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2012, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $428 billion in mutual fund and pooled or separately managed assets, including $189 billion in assets under management and $239 billion in client assets under administration. For more information, visit .
Dana Grosser
SEI
+1 610-676-2459