Fiserv repurchases $500M of common stock from ValueAct Capital at $121.98/share

FISERV INC

Repurchased 4,098,935 shares at $121.9829/share, aggregate $499,999,978.21.
Transaction privately negotiated with ValueAct Capital Master Fund, L.P.
Repurchase under board-authorized program of up to 75M shares (Feb 22, 2023).
Closing on August 8, 2023; paid in cash via wire transfer.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FISERV INC entered into Stock Purchase Agreement with ValueAct Capital Master Fund, L.P. valued at aggregate purchase price of $499,999,978.21 (effective 2023-08-07).

Action: entry
Agreement: equity purchase
Counterparty: ValueAct Capital Master Fund, L.P.
Value: aggregate purchase price of $499,999,978.21
Effective: 2023-08-07

Exact text from the filing

On August 7, 2023, Fiserv, Inc. (the “Company”) entered into a Stock Purchase Agreement (the “Repurchase Agreement”) with ValueAct Capital Master Fund, L.P. to repurchase 4,098,935 shares of the Company’s common stock for $121.9829 per share in a privately negotiated transaction for an aggregate purchase price of $499,999,978.21 (the “Repurchase”).

View on SEC.gov

81 material agreements filed in the last 30 days. Browse all material agreements →

FISERV INC filing history →

Source: SEC EDGAR

accession 0001193125-23-205269

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.