Cameron Bready on share buybacks
From Global Payments Inc ($GPN) Q1 2026 Earnings Call · · Castify Earnings Call
“At these levels, there is no single better investment than in ourselves. And yeah, as we talked about in our prepared remarks, in Q1 we bought back 550 million worth of shares. We returned approximately 620 million of capital to shareholders. And today we obviously announced another ASR for 500 million. And we have plenty of capacity in Q2 to continue to buy back shares in the open market, which we plan to do after executing the ASR.”
On , Cameron Bready, Chief Executive Officer & Director at Global Payments, spoke about share buybacks during Global Payments Inc ($GPN) Q1 2026 Earnings Call on Castify Earnings Call.
About Cameron Bready
Cameron Bready, CEO of Global Payments, has been focused on the company's acquisition of Worldpay and the divestiture of its Issuer Solutions business, which he said are expected to close in the first quarter of 2026. On earnings calls, Bready described the combination as a "pivotal moment" that will create a pure-play merchant services company processing nearly $4 trillion in annual volume. He stated that the company expects to achieve at least $600 million in cost synergies and to accelerate revenue growth to high single digits by 2027, with margin expansion of 100 to 200 basis points. Bready has emphasized capital returns as a key priority, noting that the company returned approximately $620 million to shareholders in the first quarter of 2026 and announced a new $500 million accelerated share repurchase plan. He said the company is on track to return $7.5 billion to shareholders by the end of 2027 and to reach its leverage target of three times net debt to EBITDA by that time. Bready also discussed the company's use of artificial intelligence, describing "agentic commerce" as a strategic focus where AI can complete transactions on behalf of consumers, and positioning Global Payments as a "universal connector" in the payments ecosystem. He acknowledged strong competition in the U.S. restaurant technology market but said the company is working to build out its functionality and brand recognition.