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FISVBULLGPNBEARMIXEDSubstantive discussion · 3/5

Responsible capital allocation: deleveraging over buybacks

The guest argued that Fiserv's current focus on deleveraging its balance sheet is a more responsible capital allocation strategy than the aggressive buybacks pursued by peers like Global Payments and Shift4.

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FISV: Responsible capital allocation: deleveraging over buybacks · Zortix