CSG Systems International, Inc. Buyback
OLI recorded this information on 3/3/2015
Company:
CSG Systems International, Inc.
Buyback:
CSGS buyback
$Amount Announced Repurchased:
$50,000,000
Buyback Details:
CSG Systems International, Inc. (NASDAQ:,CSGS), a global provider of interactive transaction-driven solutions and services, today announced that it has entered into an accelerated share repurchase agreement (ASR) with a financial institution to repurchase $50 million of the Company's common stock under the Company's previously announced share repurchase plan.
CSG Systems International is a provider of revenue management and digital monetization, customer engagement, and payments solutions. Co. provides revenue management platforms utilizing public cloud, private cloud, or on-premise deployments to support and monetize transactions at every stage. Co. also helps companies deliver customer experiences across both traditional and digital channels creating moments that are personalized, predictive, and proactive. Co. also provides an end-to-end SaaS payments platform, allowing organizations to accept electronic check/Automated Clearing House (ACH), debit and credit card payments, and provides the ability to receive funds via same-day ACH.
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Avg. Broker Rec.
 
|
Strong Buy (3.67 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: CSGS Stock Forecast Based on Zacks ABR data; powered by Xignite |
