Cass Information Systems, Inc. Buyback
OLI recorded this information on 10/23/2014
Company:
Cass Information Systems, Inc.
Buyback:
CASS buyback
Share Amount Authorized:
500,000
Buyback Details:
The board of directors also authorized the repurchase of up to 500,000 shares of the company's common stock.
Cass Information Systems is a financial holding company. Through its subsidiaries, Co. provides payment and information processing services to manufacturing, distribution and retail enterprises across the U.S. Co.'s services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. Co. also processes and pays facility-related invoices, and is a provider of telecom expense management solutions. Co.'s solutions include integrated payments, a B2B payment platform for clients that require a fintech partner. Additionally, Co. provides an on-line platform to provide services for faith-based and non-profit organizations.
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Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |