UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 23, 2004
Fiserv, Inc.
(Exact name of registrant as specified in its charter)
| Wisconsin | 0-14948 | 39-1506125 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
255 Fiserv Drive, Brookfield, Wisconsin 53045
(Address of principal executive offices) (zip code)
(262) 879-5000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
On November 23, 2004, Fiserv, Inc. (the “Company”) issued a press release announcing the Board of Directors’ authorization for the repurchase of an additional 8.3 million shares of the Company’s common stock.
Item 9.01. Financial Statements and Exhibits.
| (a) | Not applicable. |
| (b) | Not applicable. |
| (c) | Exhibits. The following exhibit is being filed herewith: |
| (99) | Press Release of Fiserv, Inc., dated November 23, 2004. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FISERV, INC. | ||||
| Date: November 24, 2004 |
By: |
/s/ Kenneth R. Jensen | ||
| Kenneth R. Jensen Senior Executive Vice President, Chief Financial Officer, Treasurer and Assistant Secretary | ||||
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Exhibit 99.1
News Release
For more information contact:
Leslie M. Muma, President and CEO
(262) 879-5000
For immediate release:
November 23, 2004
Fiserv Approves Repurchase of Additional Stock
Brookfield, Wis., Nov. 23, 2004—Fiserv, Inc. (Nasdaq: FISV) said its Board of Directors authorized the repurchase of an additional 8.3 million shares of the company’s common stock, effective today. This authorization is in addition to the 700,000 remaining shares that may be repurchased under the board’s previous repurchase authorization of 4.9 million shares from 1999. The shares available for repurchase under both authorizations now total 9 million shares or approximately 4.6% of the 195.6 million shares outstanding.
The company will repurchase its shares on the open market from time to time in accordance with Securities and Exchange Commission rules and regulations that may include repurchase plans under SEC Rule 10b5-1. Common stock acquired through the program will be held for issuance in connection with acquisitions and/or in conjunction with employee stock option and purchase plans.
Fiserv, Inc. (Nasdaq: FISV) provides information management systems and services to the financial industry, including transaction processing, outsourcing, business process outsourcing and software and systems solutions. The company serves more than 15,000 clients worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance companies and agents, self-funded employers, lenders and savings institutions. Headquartered in Brookfield, Wis., Fiserv reported $2.7 billion in processing and services revenues for 2003. Fiserv can be found on the Internet at www.fiserv.com.
# # #
Chuck Doherty
Corporate PR Director
Fiserv, Inc.
(262) 879-5966
Fiserv, Corporate Headquarters, 255 Fiserv Drive, Brookfield, Wisconsin 53045 PH: 262-879-5000
Mailing Address: P.O. Box 979, Brookfield, Wisconsin 53008-0979 Internet: www.fiserv.com