EVERTEC, Inc. (EVTC)

EVERTEC, Inc. engages in the provision of transaction services. It operates through the following segments: Payment Services-Puerto Rico and Caribbean, Payment Services-Latin America, Merchant Acquiring, Business Solutions, and Corporate and Other. The Payment Services segment is involved in the authorization, processing, management and recording of automated teller machines (ATM) and point of sales transactions, and ATM management and monitoring. The Merchant Acquiring segment offers services to merchants of all sizes, enabling them to accept all types of electronic payments. The Business Solutions segment consists of bank processing, network hosting and management, information technology professional services, business process outsourcing, item processing, cash processing, and fulfillment. The Corporate and Other represents corporate overhead, certain leveraged activities, other non-operating expenses, and intersegment eliminations. The company was founded in 1998 and is headquartered in San Juan, Puerto Rico.

Address

CUPEY CENTER BUILDING
RIO PIEDRAS, PR 00926

Founded

1998

Number of Employees

5,000

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- $44,982 $21,630 $7,667 $10,000 $31,796 $14,602 $24,388 $96,599 $36,140 - $31,978
Average Price - $19.67 $14.75 $16.48 $27.22 $28.79 $21.73 $39.70 $34.37 $35.79 - $26.66
# Shares Purchased - 2,286,403 1,466,242 465,240 367,403 1,104,389 672,044 614,288 2,810,173 1,009,653 - 1,199,537
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - 67.7% 123.7% 100.3% 21.2% 14.6% 51.9% -16.9% -4.0% -7.8% - 23.8%
S&P 500 Return to Date - 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% - 93.8%
Excess Total Return - -105.2% -44.9% -29.5% -83.6% -78.5% -23.0% -48.5% -41.3% -39.1% - -70.0%
Quartile Rank
Percentile Rank - 52% 64% 68% 46% 44% 57% 33% 41% 29% - 58%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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