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EXHIBIT
99.1
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1550
Peachtree Street, N.W. Atlanta, Georgia 30309
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DRAFT
#2
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Contact
Information:
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Jeff
Dodge
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Tim
Klein
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Investor
Relations
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Media
Relations
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(404)
885-8300
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(404)
885-8555
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jeff.dodge@equifax.com
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mailto:tim.klein@equifax.com
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Equifax
Board of Directors Declares Quarterly Dividend;
Authorizes
Additional $150-Million Stock Repurchase Program
ATLANTA, GA, May 7, 2010 --
Equifax Inc. (NYSE: EFX) today announced that the
Board of Directors has declared a quarterly dividend of $0.04 per share, payable
on June 15, 2010, to shareholders of record at the close of business on May 25,
2010. Equifax has paid cash dividends for 96 consecutive
years.
Equifax
also announced that the Board of Directors has authorized the repurchase of up
to an additional $150 million of the company’s common stock. Stock
repurchases under this program may be made through open-market and privately
negotiated transactions at times and in such amounts as management deems
appropriate. The stock repurchase program does not have an expiration
date and may be limited or terminated at any time without prior
notice.
“Equifax
continues to drive shareholder value through organic growth and investment in
key strategic initiatives while maintaining a strong balance sheet and
repurchasing shares in the open market,” said Richard F. Smith, Equifax Chairman
and CEO. “The Board's decision to expand the authorization level for share
repurchases underscores the confidence they have in the future of
Equifax.”
About
Equifax (www.equifax.com)
Equifax
empowers businesses and consumers with information they can trust. A global
leader in information solutions, we leverage one of the largest sources of
consumer and commercial data, along with advanced analytics and proprietary
technology, to create customized insights that enrich both the performance of
businesses and the lives of consumers.
With a
strong heritage of innovation and leadership, Equifax continuously delivers
innovative solutions with the highest integrity and
reliability. Businesses – large and small – rely on us for consumer
and business credit intelligence, portfolio management, fraud detection,
decisioning technology, marketing tools, and much more. We empower
individual consumers to manage their personal credit information, protect their
identity, and maximize their financial well-being.
Headquartered
in Atlanta, Georgia, Equifax Inc. operates in the U.S. and 14 other countries
throughout North America, Latin America, Europe and Asia. Equifax is a member of
Standard & Poor’s (S&P) 500® Index. Our common stock is traded on the
New York Stock Exchange under the symbol EFX.