Service Corp (SCI) Tops Q4 EPS by 5c, Offers Outlook

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Service Corporation International Increases Share Repurchase Authorization And Quarterly Cash Dividend

February 13, 2018 4:16 PM EST

HOUSTON, Feb. 13, 2018 /PRNewswire/ -- Service Corporation International (NYSE: SCI), the largest provider of deathcare products and services in North America, today announced that its Board of Directors has increased the authorized level of repurchases of its common stock by approximately $298 million.  When combined with approximately $102 million of authority remaining under the existing program, this represents a total of $400 million of current share repurchase authority effective today.

The Company also announced that its Board of Directors has approved an increase in its quarterly cash dividend to seventeen cents per share of common... More