EVERTEC boosts share buyback authorization to $220M, launches $70M ASR

EVERTEC, Inc.

Board increased share repurchase authorization to $220M, expiring Dec 31, 2025; prior remaining was ~$137M.
Entered into $70M accelerated share repurchase (ASR) with Bank of America, expected settlement by Q3 2024.
Initial delivery of ~1.5M shares on March 8, 2024; final share count based on VWAP during ASR term.
After $70M ASR, $150M remains available under the repurchase program.

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