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BuybackJun 12, 2026, 06:06 AM

Service Corp International Boosts Share Buyback Program to $600M

AI Summary

Service Corporation International announced an increase in its share repurchase program, authorizing an additional $472 million for buybacks. This expansion brings the total available for future share repurchases to $600 million, combining with the $128 million remaining from the prior authorization. The Board of Directors approved this increase, effective June 11, 2026.

Key Highlights

  • Service Corporation International increased its share repurchase authorization by approximately $472 million.
  • The total amount authorized and available for future share repurchases is now $600 million.
  • This new authorization combines with approximately $128 million remaining from the previous program.
  • The increased authorization is effective as of June 11, 2026.