EVERTEC Enters Into Accelerated Share Repurchase Agreement
Evertec, Inc. (EVTC)
Last evertec, inc. earnings: 2/25 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.evertecinc.com
Company Research
Source: Business Wire
Increases Share Repurchase Authorization SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced that it has entered into an Accelerated Share Repurchase (ASR) agreement with Bank of America, N.A. by which the Company will repurchase $70 million of its common stock. The ASR is expected to be completed by the third quarter of 2024.Additionally, the Company's Board of Directors approved an increase to the share repurchase authorization to an aggregate $220 million and an extension to the expiration date to December 31, 2025. The ASR was executed under this increase. Prior to this amendment, the share repurchase program had approximately $137 million remaining. The Company may repurchase shares in the open market, through accelerated share repurchase programs, 10b5-1 plans, or in privately negotiated transactions, subject to business opportunities and other factors.About EVERTECEVERTEC, Inc. (NYSE: EVTC) is a leading full-service
Show less
Read more
Impact Snapshot
Event Time:
EVTC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EVTC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EVTC alerts
High impacting Evertec, Inc. news events
Weekly update
A roundup of the hottest topics
EVTC
News
- EVERTEC Declares Quarterly Dividend on Common StockBusiness Wire
- EVERTEC to Announce First Quarter 2024 Financial Results on May 1, 2024 [Yahoo! Finance]Yahoo! Finance
- EVERTEC to Announce First Quarter 2024 Financial Results on May 1, 2024Business Wire
- Pregis® Launches Innovative Pregis EverTec™ Automated Mailer Tapping into the Power of Paper [Yahoo! Finance]Yahoo! Finance
- Evertec Expands Buyback, Sets $70 Million Accelerated Repurchase [MarketWatch]MarketWatch
EVTC
Earnings
- 2/28/24 - Beat
EVTC
Sec Filings
- 4/18/24 - Form 8-K
- 4/10/24 - Form DEFA14A
- 4/10/24 - Form DEF
- EVTC's page on the SEC website