Chemed Authorizes An Additional $300M For Stock Repurchase
Chemed Corporation -0.61%
Chemed Corporation CHE | 552.62 | -0.61% |
Chemed Corporation (NYSE:CHE) announced today that the Board of Directors has formally authorized an additional $300 million for stock repurchase under Chemed's existing share repurchase program. These share repurchases will be funded through a combination of cash generated from operations as well as utilization of its revolving credit facility.