secwatch.observer — SEC 8-K summary
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Issuer:     SERVICE CORP INTERNATIONAL (SCI)
CIK:        0000089089
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000089089-22-000072
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SCI increases dividend 8% to $0.27 and adds $350M to buyback authorization
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- Quarterly dividend raised 8% to $0.27/share; payable Dec 31, 2022 to holders of record Dec 15, 2022.
- Board authorized additional $350M for share repurchases, combined with $250M remaining for $600M total authority.
- Employment agreements extended for four named executive officers to Dec 31, 2023 and one to Mar 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89089/000008908922000072/0000089089-22-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89089/000008908922000072/sci-20221102.htm
  HTML page:      https://secwatch.observer/filing/0000089089-22-000072

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer