8-KEarnings & ResultsExhibits & Filings

Fidelity National Information Services, Inc. 8-K Report, Financial Results (Feb 13, 2012)

Filed February 13, 2012For Securities:FIS

Summary

Fidelity National Information Services, Inc. (FIS) announced its fourth quarter and full-year 2011 financial results on February 13, 2012. The company's earnings release, furnished as part of this 8-K filing, provides details on operational performance. While specific financial metrics like revenue and earnings per share are not detailed in this excerpt, investors should refer to the attached Exhibit 99.1 for the full earnings report. Beyond the quarterly results, FIS also announced significant capital allocation initiatives. The Board of Directors approved a notable increase in the quarterly dividend to $0.20 per share. Furthermore, the company authorized a substantial share repurchase program, intending to buy back up to $1.0 billion of its common stock through the end of 2015, replacing its previous authorization. These actions signal confidence from management in the company's financial health and commitment to returning value to shareholders.

Key Highlights

  • 1FIS released its Q4 and full-year 2011 financial results on February 13, 2012.
  • 2The earnings release is attached as Exhibit 99.1.
  • 3The company's Board of Directors approved an increased quarterly dividend of $0.20 per share.
  • 4A new share repurchase program was authorized to buy back up to $1.0 billion of FIS common stock.
  • 5The share repurchase program is authorized through December 31, 2015.
  • 6The new repurchase authorization replaces the existing one.
  • 7Information in Items 2.02 and 9.01 is furnished, not filed, meaning it does not carry the same legal implications under Section 18 of the Exchange Act.

Frequently Asked Questions

The 8-K filing refers to an earnings release (Exhibit 99.1) containing the Q4 and full-year 2011 financial results. Specific revenue and EPS figures are not detailed in the provided text of the 8-K, and investors should consult Exhibit 99.1 for these details.

FIS's Board of Directors approved an increase in the quarterly dividend from its previous level to $0.20 per share, effective from the next declared dividend.

FIS has authorized a new share repurchase program to buy back up to $1.0 billion of its common stock. This program is effective immediately and will continue through December 31, 2015, replacing any prior repurchase authorizations.

Information furnished under Item 2.02 (Results of Operations and Financial Condition) and Item 9.01 (Financial Statements and Exhibits) is typically provided to the SEC for informational purposes. Unlike 'filed' information, it is generally not subject to the liabilities under Section 18 of the Securities Exchange Act of 1934, although it may be incorporated by reference into certain registration statements.