BRIEF-Chemed Board Authorizes Additional $300 Million For Stock Repurchase

Reuters11-09

Nov 8 (Reuters) - Chemed Corp CHE.N:

CHEMED CORPORATION BOARD OF DIRECTORS AUTHORIZES AN ADDITIONAL $300 MILLION FOR STOCK REPURCHASE AND DECLARES QUARTERLY DIVIDEND OF 50 CENTS
CHEMED : REPURCHASES WILL BE FUNDED THROUGH CASH GENERATED FROM OPERATIONS, UTILIZATION OF REVOLVING CREDIT FACILITY

Source text: ID:nBwb9qxJya

Further company coverage: CHE.N

((Reuters.Briefs@thomsonreuters.com;))

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