Argus Upgrades VeriFone (PAY) to Buy

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Go back to Argus Upgrades VeriFone (PAY) to Buy

VeriFone Systems (PAY) Announces $200M Common Stock Buyback Plan

September 28, 2015 6:36 AM EDT

VeriFone Systems, Inc. (NYSE: PAY) announced that its board of directors has authorized a $200 million share repurchase program.

The authorization is the first in Verifones history and represents approximately 6.5 percent of the companys outstanding shares based on current trading prices. It provides... More