Under the agreement, Evertec assumes the client portfolio, financial permits, and license to use Zunify's technology in the country. #NewsismyBusiness
During the last quarter of 2023, Evertec repurchased 344,715 shares of its common stock at an average price of $36.82 for a total of $12.5 million. #NewsismyBusiness
San Juan-based Evertec also amended existing credit agreement. #NewsismyBusiness
The transaction represents a significant opportunity for Evertec to provide Sinqia customers with access to its payment solutions. #NewsismyBusiness
The awards recognized Microsoft partners that have developed and delivered outstanding Microsoft-based applications, services, and devices during the past year. #NewsismyBusiness
The company reported 4% growth to $161.8 million for the fourth quarter ended on the same date.
Evertec’s initiative seeks to provide visibility and amplify the impact of nonprofit organizations in Puerto Rico.
The firm used the proceeds to pay off several loans.
Evertec’s operation in Puerto Rico benefited from increased point-of-sale transaction volumes during the quarter.
Excluding the effects of that transaction, Popular Inc.’s net income for the quarter would have been $195.8 million.
Popular will report an after-tax gain of approximately $131 million.
In connection with the transaction, Popular will add some 165 employees and contractors from Evertec.
This edition is focused on STEM careers promoting gender equality.
Evertec CEO Mac Schuessler confirmed the company’s plans in a call with industry analysts to discuss its first quarter results.
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