TSYS Expands Share Repurchase Plan to up to 15M Shares

TSYS TSS today announced that its Board of Directors has approved increasing the number of shares that may be repurchased under its current share repurchase plan from up to 10 million shares to up to 15 million shares. With the increase, TSYS has 9.9 million shares available to be repurchased. In addition, the Board of Directors extended the expiration date of the plan to April 30, 2013. The shares may be repurchased from time to time over the next two years at prices considered attractive to management. Repurchased shares will be used for general corporate purposes.