08:48 AM EST, 02/20/2025 (MT Newswires) -- Fiserv ( FI ) said Thursday its board authorized the repurchase of 60 million shares of its common stock, in addition to the shares available under the company's previous authorization.

The company said it may repurchase shares in the open market or privately negotiated transactions at the discretion of management, subject to its assessment of market conditions and other factors.

Fiserv ( FI ) said that the authorization has no expiration.