HighGravityData

Global Payments — Feb 13, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001123360-25-000004
Open on SEC.gov ↗
Showing in the filing
Accelerated share repurchase plan
“$250 million”
Period
FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 16
Accelerated share repurchase plan for FY2025
“$250 million”
Annual run-rate operating income benefits for FY2027
“more than $600 million”
Expected operating income benefit from opera… for FY2027
“more than $600 million”
Constant currency adjusted net revenue growt… for FY2025
“5% to 6%”
Annual adjusted operating margin expansion, … for FY2025
“50 basis points”
Capital returned to shareholders for FY2025
“approximately $2 billion”
Dividend per share for FY2025
“$0.25 per share”
GAAP revenues for FY2025
“0% to 1%”
Adjustments (1) for FY2025
“0%”
FX impact (Revenues) for FY2025
“~2%”
Constant currency (CC) adj net revenue for FY2025
“2% to 3%”
Dispositions (Revenues) for FY2025
“~3%”
GAAP diluted EPS for FY2025
“4% to 5%”
Adjustments (2) for FY2025
“~4%”
Constant currency adjusted earnings per shar… for FY2025
“10% to 11%”
Constant currency adjusted EPS for FY2025
“10% to 11%”
Exhibit 99.1 · the passage around this item
… earlier in the release
% constant currency ex-dispositions • Establishes growth targets for 2025 consistent with medium-term outlook • Increases expected operating income benefit from operational transformation to $600 million • Entering into $250 million accelerated share repurchase plan ATLANTA -- Global Payments Inc. (NYSE: GPN) today announced results for the fourth quarter and year ended December 31, 2024. "2024 was a pivotal year for Global Payments as we launched our broad transformation agenda to set the future course for our business,” said Cameron Bready, chief executive officer. "We delivered solid financial performance consistent with our expectations, while also successfully reorienting to a unified operating model globally to address our complexity, enhance our agility and better position the business to execute against our refreshed strategy.” Bready continued, “We are pleased with the progress we have made since commencing our transformation to unlock substantial value and position the business for long-term sustainable growth and success. We now expect to deliver more than $600 million of annual run-rate operating income benefits through our transformation by the first half of 2027.” Bready concluded, “As we look ahead, we remain confident that we are on the right path with our renewed strategic focus to reach our aspiration to become the worldwide partner of choice for commerce solutions.” 1 Exhibit 99.1 Fourth Qu
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.