Chemed Authorizes An Additional $300M For Stock Repurchase

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Chemed Corporation

CHE

517.39

-0.48%

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.

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