FIS · 10-Q · 2026Q2 · Full report
Capital Return Program
Fidelity National Information Services, Inc. · 2026-08-04 · Importance 25 · Surprise 6 · In source text
FIS declared a regular quarterly dividend of $0.44 per common share payable September 25, 2026, to shareholders of record September 11, 2026. The company targets dividend-per-share growth aligned with adjusted earnings-per-share growth, subject to Board approval, financial condition and debt covenants. Under its $3.0 billion August 2024 repurchase authorization, FIS repurchased approximately 1.0 million shares for $42 million in the second quarter of 2026. Approximately $1.7 billion remained available under the authorization as of June 30, 2026, but repurchases were temporarily curtailed after the Issuer Solutions Acquisition to support deleveraging.
Key facts
- Following the closing of the Issuer Solutions Acquisition, the Company has temporarily curtailed repurchases under the repurchase program and may resume at management's discretion, taking into account the target leverage ratio. source
- In August 2024, the Board approved a share repurchase program authorizing repurchases of up to $3.0 billion of common stock with no expiration date. source
- In August 2024, the Board approved a share repurchase program authorizing repurchase of up to $3.0 billion in aggregate value of common stock; program has no expiration date and may be suspended or amended. source
- As of June 30, 2026, approximately $1.7 billion remained available for repurchase under the share repurchase program. source
- Net cash provided by financing activities for the six months ended June 30, 2026: $7,461 million source
- A regular quarterly dividend of $0.44 per common share is payable on September 25, 2026 to shareholders of record as of the close of business on September 11, 2026. source
- As of June 30, 2026, approximately $1.7 billion remained available for repurchase under the repurchase program. source
- During the quarter ended June 30, 2026, the Company repurchased approximately 1.0 million shares for approximately $42 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | probable | — | Following the closing of the Issuer Solutions Acquisition, the Company has temporarily curtailed repurchases under the repurchase program… |
| cash | positive | realized | — | Net cash provided by financing activities for the six months ended June 30, 2026: $7,461 million |
| liability | negative | committed | — | A regular quarterly dividend of $0.44 per common share is payable on September 25, 2026 to shareholders of record as of the close of… |
| cash | negative | committed | — | A regular quarterly dividend of $0.44 per common share is payable on September 25, 2026 to shareholders of record as of the close of… |