TransUnion

23. Subsequent Events

On January 15, 2025, TransUnion signed a definitive agreement to acquire majority ownership in Trans Union de Mexico, S.A., S.I.C. (“Trans Union de Mexico”), the consumer credit business of the largest credit bureau in Mexico, Buró de Crédito. TransUnion currently owns 25.69% of Trans Union de Mexico and has agreed to acquire an additional 68% from selling shareholders in exchange for cash consideration of approximately MXN 11,500 million, subject to certain customary purchase price adjustments. There is no contingent consideration related to this transaction. The transaction is expected to close by the end of 2025, subject to the satisfaction of regulatory approvals and customary closing conditions. We anticipate funding this acquisition through a combination of debt and cash on hand.

Further, on January 8, 2025, TransUnion signed a definitive agreement to acquire U.K.-based Monevo in exchange for cash consideration, subject to certain customary purchase price adjustments. TransUnion currently owns 30% of the equity of Monevo and has agreed to acquire the remaining ownership position from Quint Group Limited through the exercise of a call option obtained with its initial investment in Monevo. The transaction is expected to close by the second quarter of 2025, subject to the satisfaction of regulatory approvals and customary closing conditions. We expect to fund this acquisition with cash on hand.

On February 11, 2025, our Board authorized the repurchase of up to $500.0 million of our common stock. Repurchases may be made from time to time at management’s discretion at prices management considers to be attractive through open market purchases or through privately negotiated transactions, or otherwise, including pursuant to a Rule 10b5-1 plan, hybrid open market repurchases or an accelerated share repurchase transaction, subject to availability. Open market purchases will be conducted in accordance with the limitations set forth in Rule 10b-18 of the Securities Exchange Act of 1934 and other applicable legal requirements. We have no obligation to repurchase additional shares, and the timing, actual number and value of the shares that are repurchased, if any, will be at the discretion of management and will depend on a number of factors, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity and other factors deemed appropriate. Repurchases may be suspended, terminated or modified at any time for any reason and the share repurchase program does not have an expiration date. Any repurchased shares will be retired and returned to the status of authorized but unissued shares of the Company. This new share repurchase authorization replaces all previous authorizations.