| FIS (NYSE: FIS) said that its board of directors has approved a three-year stock repurchase program under which the company may repurchase up to 15 million shares of its common stock. Under the program, purchases may be made from time to time by the company in the open market at prevailing market prices or in privately negotiated transactions through January 31, 2013. Florida-based FIS offers banking and payments technologies to more than 14,000 financial institutions and businesses in over 100 countries worldwide. The firm provides financial institution core processing, and card issuer and transaction processing services, including the NYCE Network.
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