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8-K - FORM 8-K - TOTAL SYSTEM SERVICES INC | g27073e8vk.htm |
Exhibit 99.1
Total System Services, Inc. One TSYS Way Post Office Box 2567 Columbus GA 31902-2567 For immediate release: Contact: Shawn Roberts TSYS Investor Relations +1.706.644.6081 shawnroberts@tsys.com |
+1.706.649.2307 +1.706.649.5740 www.tsys.com |
TSYS Expands Share Repurchase Plan
COLUMBUS, Ga., May 3, 2011 TSYS (NYSE: TSS) today announced that its Board of Directors has
approved increasing the number of shares that may be repurchased under its current share repurchase
plan from up to 10 million shares to up to 15 million shares. With the increase, TSYS has 9.9
million shares available to be repurchased. In addition, the Board of Directors extended the
expiration date of the plan to April 30, 2013. The shares may be repurchased from time to time
over the next two years at prices considered attractive to management. Repurchased shares will be
used for general corporate purposes.
About TSYS
TSYS (NYSE: TSS) is reshaping a new era in digital commerce, connecting consumers, merchants,
financial institutions, businesses and governments. Through unmatched customer service and industry
insight, TSYS creates a better experience for buyers and sellers, supporting cross-border payments
in more than 85 countries. Offering merchant payment-acceptance solutions as well as services in
credit, debit, prepaid, mobile, chip, healthcare, installments, money transfer and more, TSYS makes
it possible for those in the global marketplace to conduct safe and secure electronic transactions
with trust and convenience.
TSYS headquarters are located in Columbus, Georgia, with local offices spread across the
Americas, EMEA and Asia-Pacific. TSYS provides services to more than half of the top 20
international banks. For more information, please visit us at www.tsys.com.
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