-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MK3DrXs9Mf9qr/SBhGa45p+vX9kRSfUw4TURIYln6OHAGtiLJCkF4kNRevjnA5F1 ElP5e1NcR714YCKxJ0iOAA== 0000721683-99-000017.txt : 19991018 0000721683-99-000017.hdr.sgml : 19991018 ACCESSION NUMBER: 0000721683-99-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991004 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991004 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOTAL SYSTEM SERVICES INC CENTRAL INDEX KEY: 0000721683 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 581493818 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-10254 FILM NUMBER: 99722572 BUSINESS ADDRESS: STREET 1: 1600 FIRST AVENUE STREET 2: P O BOX 1755 CITY: COLUMBUS STATE: GA ZIP: 31901 BUSINESS PHONE: 7066492267 MAIL ADDRESS: STREET 1: 1600 FIRST AVENUE CITY: COLUMBUS STATE: GA ZIP: 31901 8-K 1 FORM 8-K 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 October 4, 1999 ------------------------- (Earliest Event Reported) Total System Services, Inc. --------------------------- (Exact Name of Registrant as Specified in its Charter) Georgia 1-10254 58-1493818 - --------- --------------- -------------- (State of (Commission File (IRS Employer Incorporation) Number) Identification Number) 1600 First Avenue, Columbus, Georgia 31901 ------------------------------------------- (Address of principal executive offices) (706) 649-2267 ----------------------------- (Registrant's Telephone Number) ----------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events. - ------ ------------- On October 4, 1999, Total System Services, Inc. ("Registrant") announced a plan to repurchase up to 1.5 million shares of its common stock from time to time and at various prices over the next 24 months. A copy of Registrant's press release regarding the announcement referenced above is attached hereto as Exhibit 99.1 and by this reference is hereby incorporated by reference into this Form 8-K and made a part hereof. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. - ------ ------------------------------------------------------------------- (a) Financial Statements - None. (b) Pro Forma Financial Information - None. (c) Exhibits 99.1 - Registrant's press release, October 4, 1999 2 Signature ---------- Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, Registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TOTAL SYSTEM SERVICES, INC. ("Registrant") Dated: October 4, 1999 By:/s/ Kathleen Moates --------------------------- ---------------------------------- Kathleen Moates Deputy General Counsel 4 Exhibit Index Exhibit Number Description - ------------- -------------- 99.1 Registrant's press release dated October 4, 1999 5 EX-99.1 2 PRESS RELEASE [GRAPHIC OMITTED] For immediate release: Contacts: Patrick A. Reynolds James B. Lipham Director of Investor Relations Chief Financial Officer (706) 649-4973 (706) 649-2262 TSYS Announces Share Repurchase TSYS To Purchase Up To Five Percent of Outstanding Float Columbus, Ga., Oct. 4, 1999 - Total System Services, Inc., (NYSE: "TSS") (TSYS), today announced a plan to repurchase up to 1.5 million shares of its common stock from time to time and at various prices over the next 24 months. Shares repurchased could be used to fund TSYS' various stock option and other compensation arrangements, or used for other general corporate purposes, including potential acquisitions. The maximum of 1.5 million shares which could be repurchased under the plan announced today represents approximately five percent of the shares of TSYS common stock held by shareholders other than TSYS' affiliates, including Synovus Financial Corp. TSYS Chairman of the Board and CEO Richard W. Ussery, said "We believe TSYS' shares represent an outstanding investment opportunity at current price levels." TSYS is a global processor of data, transactions and payments for credit, debit, commercial and private-label card issuers. TSYS' sophisticated systems offer on-line accounting, data processing, electronic commerce services, portfolio management, account acquisition, credit evaluation, risk management and customer service. Through our family of companies, TSYS services the entire lifecycle of accounts, processing more than 196.7 million accounts for an estimated 275.3 million cardholders who use their cards any time, anywhere. Headquartered in Columbus, Ga., TSYS (www.totalsystem.com) is an 80.8 percent owned subsidiary of Synovus Financial Corp. (NYSE: "SNV") (www.synovus.com) named the Best Company to Work for in America by FORTUNE magazine. -- ### -- -----END PRIVACY-ENHANCED MESSAGE-----