TransUnion (NYSE:TRU) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition
release announcing results for the quarter and year ended
December 31, 2016. A copy of the press release is attached and
furnished herewith as Exhibit 99.1 to this Current Report on Form
8-K and is incorporated herein by reference.
99.1, shall not be deemed filed for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the Exchange Act),
or otherwise subject to the liabilities under that Section and
shall not be deemed to be incorporated by reference in any filing
made by the Company under the Securities Act of 1933, as amended,
or the Exchange Act.
Directors had authorized the repurchase of up to $300 million of
stock over the next three years. The announcement was included in
the press release furnished herewith as Exhibit 99.1. Repurchases
may be made from time to time at managements discretion at prices
management considers to be attractive through open market
purchases or through privately negotiated transactions, subject
to availability. Open market purchases will be conducted in
accordance with the limitations set forth in Rule 10b-18 of the
Securities and Exchange Commission and other applicable legal
requirements. The Company has no obligation to repurchase shares,
and the timing, actual number and value of the shares that are
repurchased, if any, will be at the discretion of management and
will depend on a number of factors, including market conditions,
the cost of repurchasing shares, the availability of alternative
investment opportunities, liquidity, and other factors deemed
appropriate. Repurchases may be suspended, terminated or modified
at any time for any reason. Any repurchased shares will have the
status of treasury shares and may be used, if and when needed,
for general corporate purposes.
Press release of TransUnion dated February 14, 2017,
announcing results for the quarter and year ended
December 31, 2016.
About TransUnion (NYSE:TRU)
TransUnion, formerly TransUnion Holding Company, Inc., is a risk and information solutions provider to businesses and consumers. The Company operates through three segments: US Information Services (USIS), International and Consumer Interactive. The USIS segment provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses. The International segment provides services similar to its USIS segment to businesses in select regions outside the United States. The Company’s Consumer Interactive segment offers solutions that help consumers manage their personal finances and take precautions against identity theft. The Company has operations across various industry verticals, including financial services, insurance and healthcare. The Company has presence in over 30 countries across North America, Africa, Latin America and Asia. TransUnion (NYSE:TRU) Recent Trading Information
TransUnion (NYSE:TRU) closed its last trading session up +3.29 at 37.43 with 3,407,125 shares trading hands.