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Acxiom Increases Share Repurchase Program

By TechTaffy Desk

acxiom[Techtaffy Newsdesk]

Acxiom has increased the size of its authorized repurchase plan from $150 million to $200 million. Since its inception of the program in August 2011, the company has repurchased 9.9 million shares for approximately $131 million resulting in the repurchase of approximately 12 percent of its outstanding shares.

The company is authorized to repurchase shares from time to time over the next 12 months in open market or privately negotiated transactions depending on prevailing market conditions and other factors.

[Image courtesy: Acxiom]

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