FIS (FIS) Declares $500 Million Buyback Plan

FIS (NYSE: FIS) today announced that its Board of Directors has authorized a new share repurchase program for an additional $500 million of FIS common stock. Purchases under this authorization may be made from time to time by the Company in the open market at prevailing market prices or in privately negotiated transactions through December 31, 2013. This authorization is in addition to the existing share repurchase plan under which approximately 7 million shares remain available for repurchase through January 31, 2013.

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