Courtesy of Benzinga.
Acxiom
(NASDAQ: ACXM) today announced that the company’s Board of Directors has
increased its share repurchase authorization from $200 million to $250
million. Since inception of the program in August 2011, the company has
repurchased 12 million shares for approximately $179 million, resulting
in the repurchase of approximately 14.6 percent of the company’s
outstanding shares.
“Return of capital to our shareholders remains a priority for our
company,” said Acxiom CFO Warren Jenson. “We are pleased to again
increase our share repurchase authorization while at the same time
maintaining a strong balance sheet and investing for our future with
new, ground breaking