Carriage Services ends $100M equity program, cuts leverage target

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Go back to Carriage Services ends $100M equity program, cuts leverage target

Carriage Services Announces Capital Allocation Framework and Terminates $100 Million At-the-Market Equity Program

September 30, 2026 4:33 PM EDT

HOUSTON, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) (Carriage or the Company) announced today a comprehensive capital allocation framework designed to enhance long-term shareholder value per share, strengthen the Companys financial position and support the execution of its 2030 Vision.

As part of the framework, Carriage is terminating its existing $100 million at-the-market equity offering (ATM) program, effective October 4, 2026.

Our responsibility is not simply to grow Carriage. It is to create sustainable, long-term value on a per-share basis, said Carlos Quezada, Vice Chairman and Chief Executive Officer.... More