SEI Investments Files 8-K on Financials and Operations
Ticker: SEIC · Form: 8-K · Filed: Oct 23, 2024 · CIK: 350894
Sentiment: neutral
Topics: financial-reporting, operations, sec-filing
TL;DR
SEI dropped an 8-K detailing financials and other events from Oct 22.
AI Summary
SEI Investments Company filed an 8-K on October 23, 2024, reporting on results of operations and financial condition, other events, and financial statements and exhibits. The filing pertains to events on October 22, 2024.
Why It Matters
This filing provides investors with crucial updates on SEI Investments' financial performance and any significant operational events that occurred on October 22, 2024.
Risk Assessment
Risk Level: low — This is a routine filing of financial and operational information, not indicating any immediate or significant negative events.
Key Numbers
- 0-10200 — Commission File Number (Identifies the SEC filing record for SEI Investments Co.)
- 23-1707341 — I.R.S. Employer Identification No. (Tax identification number for SEI Investments Co.)
Key Players & Entities
- SEI INVESTMENTS CO (company) — Registrant
- 0000350894-24-000127 (filing_id) — Accession Number
- October 22, 2024 (date) — Date of earliest event reported
- Pennsylvania (location) — State of Incorporation
- 1 Freedom Valley Drive Oaks, Pennsylvania 19456-1100 (address) — Business and Mail Address
FAQ
What specific 'Other Events' are detailed in this 8-K filing?
The filing indicates 'Other Events' as an item, but the specific details of these events are not provided in the provided text snippet. Further review of the full filing would be necessary.
What is the primary purpose of this 8-K filing for SEI Investments Company?
The primary purpose is to report on the 'Results of Operations and Financial Condition', 'Other Events', and to include 'Financial Statements and Exhibits' as of October 22, 2024.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on October 22, 2024.
What is SEI Investments Company's state of incorporation and fiscal year end?
SEI Investments Company is incorporated in Pennsylvania and its fiscal year ends on December 31.
What is the SIC code associated with SEI Investments Company?
The Standard Industrial Classification (SIC) code for SEI Investments Company is 6211, which corresponds to 'SECURITY BROKERS, DEALERS & FLOTATION COMPANIES'.
Filing Stats: 611 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2024-10-23 16:08:42
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share SEIC The NASDAQ Stock Market
- $400 m — ock repurchase program by an additional $400 million, increasing the available authori
- $429 million — tion under the program to approximately $429 million. A copy of the press release is furnish
Filing Documents
- seic-20241022.htm (8-K) — 29KB
- seic-earningsreleaseex9911.htm (EX-99.1) — 480KB
- exh992seistockrepurchase.htm (EX-99.2) — 2KB
- exh992seistockrepurchase001.jpg (GRAPHIC) — 117KB
- headerimage_v1-01.jpg (GRAPHIC) — 18KB
- seic-20241022_g1.gif (GRAPHIC) — 15KB
- 0000350894-24-000127.txt ( ) — 888KB
- seic-20241022.xsd (EX-101.SCH) — 2KB
- seic-20241022_lab.xml (EX-101.LAB) — 21KB
- seic-20241022_pre.xml (EX-101.PRE) — 12KB
- seic-20241022_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On Wednesday, October 23, 2024, SEI Investments Company (the "Company") issued a press release announcing its financial and operating results for the third quarter ended September 30, 2024. A copy of the press release is furnished as Exhibit 99.1 and incorporated in this Item 2.02 by reference. A recording of the earnings call referenced in the press release furnished as Exhibit 99.1 is available for replay on the Company's website at seic.com/investor-relations. As provided in General Instruction B.2 to Form 8-K, the information furnished in this Item 2.02 and Exhibit 99.1 hereto shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing with the Securities and Exchange Commission, except as shall be expressly provided by specific reference in such filing.
01. Other Events
Item 8.01. Other Events. On Tuesday, October 22, 2024, the Company's Board of Directors approved an increase in its stock repurchase program by an additional $400 million, increasing the available authorization under the program to approximately $429 million. A copy of the press release is furnished as Exhibit 99.2 and incorporated in this Item 8.01 by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release dated October 2 3 , 2024 of SEI Investments Company related to the Company's financial and operating results for the third quarter ended September 30, 2024 99.2 Press release dated October 22, 2024 of SEI Investments Company 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SEI INVESTMENTS COMPANY Date: October 23, 2024 By: /s/ Sean J. Denham Sean J. Denham Chief Financial Officer