Acxiom(R) Corporation Announces Increase in Stock Repurchase Program
14 February 2008 - 8:05AM
Business Wire
Acxiom� Corporation (Nasdaq: ACXM) today announced that its board
of directors has authorized a $25 million increase in its stock
repurchase program. On October 26, 2007, the company announced a
12-month, $75 million program whereby the company would repurchase
its common stock in open market or privately negotiated
transactions, depending on prevailing market conditions and other
factors. Since the inception of the program, the company has
purchased approximately 4.175 million shares for a total purchase
price of $50.6 million. At a meeting February 13, 2008, the board
voted to increase the authorization to $100 million. The repurchase
program may be suspended or discontinued at any time. About Acxiom
Acxiom Corporation (Nasdaq: ACXM) integrates data, services and
technology to create and deliver customer and information
management solutions for many of the largest, most respected
companies in the world. The core components of Acxiom�s innovative
solutions are Customer Data Integration (CDI) technology, data,
database services, IT outsourcing, consulting and analytics, and
privacy leadership. Founded in 1969, Acxiom is headquartered in
Little Rock, Arkansas, with locations throughout the United States
and Europe, and in Australia, China and Canada. For more
information, visit www.acxiom.com. Acxiom is a registered trademark
of Acxiom Corporation.
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