Cardtronics plc Buyback
OLI recorded this information on 11/21/2019
Cardtronics plc (or "the Company") today announced that its Board of Directors has authorized the Company to repurchase an additional $50 million of its Class A ordinary shares outstanding through December 31, 2020. With this additional $50 million authorization, the Board has cumulatively approved up to $100 million in share repurchases since March 2019, of which $50 million has been completed. Share repurchases under the authorization may be effected on behalf of the Company through open market transactions, privately negotiated transactions or otherwise, including pursuant to SEC trading rules. There is no guarantee as to the exact number of additional shares, if any, that may be repurchased by the Company under this authorization. The timing and extent of repurchases will depend upon several factors, including market and business conditions, valuation of shares, regulatory requirements and other corporate considerations, and repurchases may be suspended or discontinued at any time.
Cardtronics provides automated consumer financial services through its network of automated teller machines and multi-function financial services kiosks (collectively referred to as ATMs). Co. provides managed service ATM solutions for retailers and financial institutions with various service offerings related to ATMs, including electronic funds transfer transaction processing services, along with other ATM-related services. Co. also owns and operates the Allpoint network (Allpoint). Allpoint provides services to organizations that manage debit card programs on behalf of corporate entities and governmental agencies, including general-purpose, payroll, and electronic benefits transfer cards.
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Hold (1.78 out of 4)