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Stock Market & Financial Investment News

News Breaks
December 28, 2012
12:42 EDTCSVCarriage Services acquires Havenbrook Funeral Home in Oklahoma
Carriage Services announced the acquisition of Havenbrook Funeral Home in Norman, Oklahoma. Terms of the deal have not been disclosed.
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May 21, 2015
07:11 EDTCSVCarriage Services approves share repurchase plan
Carriage Services has approved the repurchase of up to an aggregate of $25M of its common stock. Carriage CEO Melvin C. Payne stated, "We have concluded that allocation of our Free Cash Flow should also include repurchasing common shares when the price does not fully reflect the cash earning power and intrinsic value of our company, which we believe is currently the case. We are currently trading at a significant performance valuation discount to our sector peer group as to Adjusted EPS and normalized recurring Free Cash Flow."

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