8-KEarnings & ResultsOther EventsExhibits & Filings

Fidelity National Information Services, Inc. 8-K Report, Financial Results (Nov 1, 2011)

Filed November 1, 2011For Securities:FIS

Summary

Fidelity National Information Services, Inc. (FIS) announced its third quarter 2011 financial results on November 1, 2011. While the filing itself doesn't detail the specific earnings figures, it highlights key corporate actions that are significant for investors. Notably, the company's Board of Directors authorized a new share repurchase program amounting to an additional $500.0 million of FIS common stock. This new repurchase authorization, which can be executed through open market or private transactions until December 31, 2013, is in addition to an existing plan with approximately 7 million shares still available. This demonstrates management's confidence in the company's valuation and its commitment to returning capital to shareholders, which could be viewed positively by investors.

Key Highlights

  • 1FIS announced its third quarter 2011 financial results on November 1, 2011.
  • 2The company's Board of Directors authorized a new share repurchase program for an additional $500.0 million of FIS common stock.
  • 3Purchases under the new authorization can occur through December 31, 2013.
  • 4The new buyback program is in addition to an existing share repurchase plan with approximately 7 million shares remaining.
  • 5The earnings release and financial results presentation for Q3 2011 are attached as exhibits.
  • 6Information furnished under Item 2.02 and 9.01 is not deemed "filed" for certain SEC liability purposes.

Frequently Asked Questions

The most significant event for investors is the authorization of a new $500.0 million share repurchase program, indicating management's belief in the company's stock value and commitment to shareholder returns.

The new share repurchase authorization is in effect through December 31, 2013.

Yes, the new $500.0 million authorization is in addition to an existing plan, under which approximately 7 million shares remain available for repurchase through January 31, 2013.

The detailed third-quarter 2011 earnings release and financial results presentation are provided as Exhibit 99.1 and Exhibit 99.2, respectively, within this filing.