Acxiom Extends Share Repurchase Program

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LITTLE ROCK, Ark.--(BUSINESS WIRE)--

Acxiom® ACXM, an enterprise data, analytics and software-as-a-service Company, today announced that its Board of Directors voted to extend the duration of the Company's existing share repurchase program for an additional year, through November 12, 2015.

“We remain committed to delivering value to our shareholders,” said Acxiom CFO Warren Jenson. “While we continue to invest for our future, the extension of the share buyback program highlights our confidence in our ability to both execute against our strategic growth initiatives and, at the same time, maintain a strong financial profile.”

Since inception of the share repurchase program in August 2011, the Company has repurchased 12.9 million shares, or approximately 16 percent of the outstanding common stock, for $202 million. The Company has $48 million remaining capacity for future purchases of common stock under the current authorization.

Under the program, Acxiom is authorized to repurchase outstanding shares in open market or privately negotiated transactions depending on prevailing market conditions and other factors. The repurchase program may be suspended or discontinued at any time.

About Acxiom

Acxiom is an enterprise data, analytics and software-as-a-service Company that uniquely fuses trust, experience and scale to fuel data-driven results. For over 40 years, Acxiom has been an innovator in harnessing the most important sources and uses of data to strengthen connections between people, businesses and their partners. Utilizing a channel and media neutral approach, we leverage cutting-edge, data-oriented products and services to maximize customer value. Every week, Acxiom powers more than a trillion transactions that enable better living for people and better results for our clients. For more information about Acxiom, visit Acxiom.com.

Acxiom is a registered trademark of Acxiom Corporation.

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Acxiom Corporation
Investor Relations:
Lauren Dillard, 650-372-2242
investor.relations@acxiom.com
EACXM
GACXM

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Posted In: Press Releases
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