Fiserv, Inc. (NASDAQ:FISV), a global provider of financial services technology solutions, has announced that its Board of Directors has authorized it to repurchase 15 million shares of the company’s common stock, which is in addition to the shares remaining available under the company’s existing authorization.
Fiserv may repurchase shares in the open market or in privately negotiated transactions at the discretion of management, subject to its assessment of market conditions and other factors.
Fiserv has also announced that this authorization does not expire.