Acxiom rebounds on $100M buyback boost [Seeking Alpha]
ACXIOM (ACXM)
Last acxiom earnings: 8/9 04:05 pm
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Source: Seeking Alpha
Acxiom rebounds on $100M buyback boostAcxiom (NASDAQ:ACXM) --dinged Thursday by changes that Facebook is making to its relationship with partner data providers -- isup 2.4% today after announcing anexpansion to its stock repurchase program.The company is increasing its authorization by $100M, to $500M, and extending the program through the end of 2019. That gives it current capacity of $120M in buybacks.Since starting the program in August 2011, the company has repurchased 20.4M shares for about $380M -- about 2M shares for $55M since Dec. 31.See all stocks on the move »Now read:CommVault +9.3% on Elliott involvement (updated) »
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