CoreCard Corporation has announced a conditional termination of its employee retention program, initially approved on May 7, 2025. This program was designed to provide cash retention payments to employees with over five years of service, based on their 2024 base salary and the value of vested restricted stock. However, following the company's agreement to merge with Euronet Worldwide, Inc., which has a market capitalization exceeding $1 billion, the Board has decided to cancel the program. This cancellation is effective upon the closing of the merger, which has not yet been finalized. The merger will result in CoreCard becoming a wholly owned subsidiary of Euronet.
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