Welcome to our dedicated page for Shift4 Payments news (Ticker: FOUR), a resource for investors and traders seeking the latest updates and insights on Shift4 Payments stock.
Shift4 Payments Inc (NYSE: FOUR) is a leading provider of integrated payment processing solutions and commerce technology serving diverse industries worldwide. This dedicated news hub aggregates official announcements, financial disclosures, and strategic developments critical for understanding the company's position in the evolving payments landscape.
Investors and industry professionals will find comprehensive coverage of FOUR's operational milestones including earnings reports, technology partnerships, and market expansion initiatives. The curated selection features updates on payment infrastructure innovations, security enhancements, and cross-industry software integrations that define Shift4's value proposition.
Our repository emphasizes FOUR's leadership in secure transaction processing while tracking developments in cryptocurrency adoption, cloud-based solutions, and data analytics capabilities. Content spans merchant-focused innovations, regulatory compliance updates, and strategic collaborations shaping the future of digital payments.
Bookmark this page for direct access to Shift4's verified financial communications and analysis of trends impacting the payment processing sector. Regularly updated to reflect the company's latest advancements in commerce technology and integrated payment ecosystems.
Shift4 (NYSE:FOUR), a leader in integrated payments and commerce technology, has signed a definitive agreement to acquire Givex Corp. (TSX: GIVX), a global provider of gift cards, loyalty programs, and point-of-sale solutions. The acquisition will add 130,000+ active locations across more than 100 countries to Shift4's customer base, including notable brands like Nike, Marriott, and Wendy's.
The transaction is expected to close in Q4 2024, subject to customary conditions. Shift4 President Taylor Lauber highlighted the strategic benefits, including expanding Shift4's global footprint and enhancing its value proposition with Givex's gift card and loyalty solutions. Givex CEO Don Gray emphasized the potential for delivering an unparalleled package to both companies' customer bases by combining Shift4's end-to-end payment solution with Givex's engagement services.
Shift4 Payments has agreed to acquire Givex Corp. in an all-cash transaction valued at C$200 million. Givex shareholders will receive C$1.50 per share, representing a 64% premium to Givex's 20-day VWAP. The transaction has been unanimously approved by Givex's Board and Special Committee. Key highlights include:
- All-cash offer providing immediate liquidity and certainty of value
- 57.4% of Givex shareholders support the deal
- Expected to close in November 2024
- Givex will be delisted from TSX post-closing
The acquisition aims to combine Shift4's payment solutions with Givex's gift card and loyalty programs, expanding customer bases and enhancing value propositions for both companies.
Shift4 (NYSE:FOUR), a leader in integrated payments and commerce technology, has partnered with the Indianapolis Colts to power the NFL team's ticketing transactions at Lucas Oil Stadium starting in the 2024 season. The partnership will leverage Shift4's integration with Ticketmaster to provide a seamless ticket-buying experience for fans.
Shift4's suite of payment processing solutions aims to simplify operations for venues while enhancing customer experience. The company's integrated commerce solutions are used across major professional sports leagues, colleges, entertainment venues, and various business verticals. This partnership aligns with the Colts' goal of creating a world-class experience for fans from ticket purchase to post-game exit.
Shift4 Payments, Inc. (NYSE: FOUR) has successfully completed its previously announced offering of $1,100.0 million aggregate principal amount of 6.750% senior notes due 2032. The notes, issued by subsidiaries Shift4 Payments, and Shift4 Payments Finance Sub, Inc., are guaranteed by certain of Shift4's subsidiaries. The company plans to use the net proceeds for general corporate purposes, including working capital, acquisitions, debt retirement, stock repurchases, and other business opportunities.
Shift4 intends to use part of the proceeds to repay outstanding borrowings under its $690.0 million of 0.00% Convertible Senior Notes due 2025 and/or $450.0 million of 4.625% Senior Notes due 2026. The notes were offered privately to qualified institutional buyers in the U.S. and outside the U.S. in accordance with Rule 144A and Regulation S of the Securities Act of 1933.
Shift4 (NYSE:FOUR), a leader in integrated payments and commerce technology, has partnered with Pacers Sports & Entertainment to power all ticket sales and foodservice payments at Gainbridge Fieldhouse, home of the NBA's Indiana Pacers. This collaboration aims to enhance the guest experience and streamline operations at the venue.
Shift4's end-to-end payment processing solutions cater to the unique needs of large-scale sporting venues, supporting multiple revenue centers and high transaction volumes. The company's unified commerce ecosystem is designed to provide a seamless gameday experience for Pacers fans from start to finish.
This partnership aligns with Pacers Sports & Entertainment's goal of continually improving the guest experience at Gainbridge Fieldhouse. Shift4's integrated commerce solutions are already used by major professional sports leagues, colleges, and entertainment venues across various business verticals.
Shift4 Payments, Inc. (NYSE: FOUR) has announced the pricing of a $1,100.0 million offering of senior notes due 2032. The notes, priced at par value, will bear an interest rate of 6.750% per annum. This private offering is exempt from Securities Act registration requirements. The notes will be guaranteed by certain Shift4 subsidiaries and are expected to close on August 15, 2024.
Shift4 plans to use the net proceeds for general corporate purposes, including working capital, acquisitions, debt retirement, stock repurchases, and other business opportunities. The company anticipates using some proceeds to repay outstanding borrowings from its $690.0 million 0.00% Convertible Senior Notes due 2025 and/or $450.0 million 4.625% Senior Notes due 2026.
Shift4 Payments, Inc. (NYSE: FOUR), a leader in integrated payments and commerce technology, has announced that its subsidiaries are proposing to offer $1,100.0 million aggregate principal amount of senior notes in a private offering. The notes will be guaranteed jointly and severally on a senior unsecured basis by certain of Shift4's subsidiaries.
The company intends to use the net proceeds for general corporate purposes, including working capital, acquisitions, debt retirement, common stock repurchases, and other business opportunities. Shift4 expects to use some of the proceeds to repay outstanding borrowings under its $690.0 million of 0.00% Convertible Senior Notes due 2025 and/or $450.0 million of 4.625% Senior Notes due 2026.
The notes will not be registered under the Securities Act and will only be offered to qualified institutional buyers and certain persons in offshore transactions.
Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, has announced its second quarter 2024 financial results. The company has posted its Q2 2024 Shareholder Letter, which can be accessed on their Investor Relations website. Shift4 will host an earnings conference call on August 8th, 2024, at 8:30 a.m. ET to discuss the results. The call will be available via toll-free and toll dial-in numbers, as well as a live webcast on the company's website. Additionally, Shift4 will simulcast the live audio of the earnings call via X Spaces (formerly Twitter Spaces). Investors are encouraged to submit questions in advance via email for CEO Jared Isaacman to address during the call.
Kickfin, the leading tip management software, has announced a new integration with SkyTab, Shift4's restaurant point-of-sale (POS) solution. This integration allows restaurants using SkyTab to auto-calculate tip pools and send payouts directly to employees' bank accounts, eliminating the need for cash or pay cards. The partnership aims to modernize tip management for restaurants, streamlining operations and ensuring accuracy and compliance.
SkyTab POS offers a comprehensive suite of features, including online ordering, contactless payments, and built-in marketing tools. The integration with Kickfin enables complex tip policy calculations based on various factors such as roles, shifts, and sales categories. Kickfin's system provides robust payment tracking and reporting capabilities, simplifying accounting processes for restaurant managers.
Shift4 (NYSE: FOUR), a leader in integrated payments and commerce technology, has announced the release of its second quarter 2024 financial results on Thursday, August 8, 2024, before the market opens. The company will host a live conference call at 8:30 am ET to discuss the results.
Investors can join the call via toll-free dial-in at +1-877-407-0613 or toll dial-in at +1-201-689-8051. A live webcast will be available on Shift4's investor relations website. Additionally, the earnings call will be simulcast on X Spaces (formerly Twitter). Investors are encouraged to submit questions in advance to investors@shift4.com, with CEO Jared Isaacman addressing selected queries during the call.
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