Global Payments Inc.
Global Payments Inc. Announces $250 Million Share Repurchase Program
Summary
On February 13, 2025, Global Payments Inc. initiated an accelerated share repurchase (ASR) program to repurchase $250 million of its common shares as part of its ongoing share repurchase initiative. This repurchase is part of a previously approved program by the company's board, with the shares to be received by the company on February 18, 2025. The repurchase price will be based on the average daily volume-weighted average prices during the repurchase period, subject to a discount and potential adjustments. The final settlement of the ASR is expected by March 31, 2025.
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About Global Payments Inc.
Global Payments Inc. is a leading technology and payments company providing innovative solutions to help businesses streamline their financial transactions. Focusing primarily on electronic payment processing, Global Payments Inc. serves a broad spectrum of industries, including retail, healthcare, education, and financial services, offering seamless, secure, and efficient payment processing solutions. The company's platform supports various payment methods, including credit and debit card processing, digital wallets, and contactless payments, enhancing the customer experience by accommodating diverse consumer preferences. Notably, Global Payments Inc. operates worldwide, facilitating international commerce and expanding the reach of its services to businesses of all sizes, from small enterprises to large corporations. By leveraging cutting-edge technology and strategic partnerships, the company plays a critical role in the digital transformation of commerce, enabling businesses to accept payments from a global customer base. In an ever-evolving financial landscape, Global Payments Inc. is instrumental in driving secure and efficient transaction processes, supporting the dynamic needs of modern businesses.
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