FIS Shares Climb on Co. Plan to Repurchase $2.5B in Stock
Posted on May 26, 2010 at 14:12 PM EDT
Fidelity National Information Services Inc. (FIS) gained more than 6% to $28.23 in today’s trading session, the most since May 6, a day after the payment-processor said it plans to buy back as much as $2.5 billion shares of its stock at a price range of $29 to $31 a share, which represents a premium [...]