Western Union (WU) reports total C2C transactions increased 9% in Q4 as pricing initiatives spurred demand.
Those same pricing initiatives cut into operating margin, as the rate dropped to 16.8% for the period compared to 20.1% a year ago.
The company approved a new $500M share repurchase plan with an expiration date of June 30, 2015.
FY14 EPS guidance is set at $1.40-$1.50 vs. $1.46 consensus.
WU -1.3% AH