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Global Payments (NYSE: GPN) launches $500 million accelerated share repurchase

2026-05-17 00:49:50

Abstract generation in progress

Global Payments Inc. (NYSE: GPN) has initiated a $500 million accelerated share repurchase (ASR) program, part of its existing board-approved buyback authorization. The company expects an initial delivery of approximately 5,744,650 shares on May 8, 2026, with the final number of repurchased shares tied to the stock's volume-weighted average price over the ASR period, subject to adjustments and a final settlement no later than June 30, 2026. This move demonstrates a significant capital return to shareholders and aims to quickly reduce the number of outstanding shares.

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