January 31, 2016
COLUMBUS, Ga.- [Press Release] -TSYS (NYSE: TSS) reported results for the 2015 fourth quarter and full year.
We were especially pleased with our operational performance and 12.9% revenue growth in the fourth quarter. Our full year financial results for 2015 were outstanding and they marked the third year in a row of double digit growth in revenues, adjusted operating income and adjusted earnings per share, said M. Troy Woods, chairman, president and chief executive officer of TSYS.
We repurchased 3.0 million shares of our stock in the fourth quarter for $158.6 million, bringing the total for the year to 5.2 million shares for $242.1 million. Including our dividends of $73.7 million, we returned $315.8 million to our shareholders, which was in excess of 92% of available free cash flow for the year and an increase of 31.5% over 2014, said W ...