ACI Worldwide, Inc.
ACIW, a leading international provider of payments systems, announced
today it has entered into an agreement to repurchase from IBM warrants to
purchase 1,415,565 shares of ACI common stock ($27.50 exercise price) and
1,077,035 shares of ACI common stock ($33.00 exercise price). This repurchase
is conducted pursuant to ACI's previously announced $113 million share
repurchase program.
The warrants that are being repurchased were originally issued on December 16,
2007 in connection with the formation of the companies' strategic alliance.
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