While reporting financial results for the fourth quarter on Wednesday, payments technology company Global Payments Inc. (GPN) initiated its adjusted earnings and adjusted revenue growth guidance for the full year 2026.
For fiscal 2026, the company now projects adjusted earnings in a range of $13.80 to $14.00 per share on adjusted net revenues of about 5 percent, excluding dispositions.
The Board of Directors also authorized share repurchases of $2.5 billion, with the company entering into a $550 million accelerated share repurchase plan.
The company said it expects to return over $2 billion to shareholders through repurchases and dividends in 2026, including the $550 million accelerated share repurchase plan.
Further, Global Payments' Board of Directors approved a dividend of $0.25 per share, payable on March 30, 2026 to shareholders of record as of March 9, 2026.
The company also announced the appointment of Jennifer Bozeman Whyte as chief accounting officer and principal accounting officer, effective March 1, 2026. In Wednesday's pre-market trading, GPN is trading on the NYSE at $75.06, up $5.30 or 7.60 percent.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.