Stifel Financial Corp. Buyback
OLI recorded this information on 1/30/2020
Stifel Financial Corp.
Share Amount Authorized:
Stifel Financial Corp. (NYSE: SF) today announced that its Board of Directors has increased the company's share repurchase authorization to 10 million shares. The Board's authorization does not have a fixed expiration date and shares may be repurchased through open market or privately negotiated transactions based on prevailing market conditions.
Stifel Financial is a financial holding company. Co.'s principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. Co.'s principal activities are: private client services; institutional equity and fixed income sales, trading and research, and municipal finance; investment banking services; and retail and commercial banking. Co. has the following segments: Global Wealth Management, which provides securities transaction, brokerage, and investment services; and Institutional Group, which includes research, equity and fixed income institutional sales and trading, investment banking, public finance, and syndicate.
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Hold (2.00 out of 4)