Total System Services, Inc. (NYSE:TSS) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
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Total System Services, Inc. (NYSE:TSS) Files An 8-K Results of Operations and Financial Condition
Item 2.02Results of Operations and Financial Condition.

On July 25, 2017, Total System Services, Inc. (“Registrant”) issued a press release announcing financial results for the second quarter ended June 30, 2017.The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.The information in the press release shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934 or incorporated by reference into any document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934 except as shall be expressly set forth by specific reference in such filing.

Item 2.02Other Events.

In the press release referenced in Item 2.02 above, Registrant also announced that its Board of Directors approved a 30% increase in the regular quarterly dividend payable on Registrant common stock from $0.10 per share to $0.13 per share, payable on October 2, 2017 to shareholders of record as of the close of business on September 21, 2017.

Item 2.02Financial Statements and Exhibits.

(d)Exhibits

ExhibitNo.

Description

99.1

Registrant’s press release dated July 25, 2017


TOTAL SYSTEM SERVICES INC Exhibit
EX-99.1 2 tss-20170725ex991aeca11.htm EX-99.1 tss_Ex_99_1     Exhibit 99.1           Total System Services,…
To view the full exhibit click here

About Total System Services, Inc. (NYSE:TSS)

Total System Services, Inc. (TSYS) is a payment solutions provider that provides services to financial and nonfinancial institutions. The Company’s segments include North America Services, Merchant Services, NetSpend and International Services. The Company also provides processing services, acquiring solutions, related systems and integrated support services to merchant acquirers and merchants. In addition, it provides general purpose reloadable (GPR) prepaid and payroll cards, and alternative financial service solutions to the underbanked and other consumers. The Company’s Merchant Services segment provides third party processing services to merchant acquirers and Independent Sales Organizations (ISOs) mainly in the United States. The Company’s NetSpend segment provides GPR prepaid debit and payroll cards, and convenience checks. The Company’s services and solutions include Issuing Services, Acquiring Services, Prepaid Solutions and Merchant Solutions.