FLEETCOR Technologies, Inc. Buyback
OLI recorded this information on 8/3/2017
FLEETCOR Technologies, Inc.
FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of commercial payment solutions , announced today that its board of directors has authorized an increase in the size of the Company's previously announced share repurchase program by an additional $250 million and an extension of the program by an additional 18 months. With the increase, and giving effect to the Company's $240 million of previous repurchases, the Company may repurchase up to $510 million in shares of its common stock at any time prior to February 1, 2019.
FleetCor Technologies is a provider of digital payment solutions. Co.'s Corporate Payments solutions are designed to help businesses streamline the back-office operations associated with making outgoing payments. Co.'s processing and card management solutions provide customers with capabilities including: customizable user-level controls, detailed transaction reporting, and tax management and reporting. Co. provides gift card program management and processing services in various countries, in both plastic and digital form. Co. provides a Payroll Card solution in North America in the form of a reloadable stored value card, that can be used instead of a paper payroll check.
FLT SEC Filing Email Alerts Service
Open the FLT Page at The Online Investor »
Free FLT Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts
Strong Buy (3.50 out of 4)