FIS Agrees to Repurchase 5.7M Shares Held by Warburg Pincus

FIS FIS today announced that it has entered into an agreement to repurchase $200 million, or approximately 5.7 million shares, of FIS common stock beneficially owned by Warburg Pincus Private Equity IX, L.P. at a purchase price of $35.03 per share. The purchase price was determined based on the closing price of FIS common stock on Dec. 12, 2012. The transaction is expected to close on or before Dec. 19, 2012. Inclusive of this transaction, FIS has repurchased more than $450 million, or approximately 14 million shares, of its common stock year to date. Approximately $650 million remains available under the existing share repurchase authorization. See full press release