Industry | 2009.12.14
Ebix Reconfirms the 3 for 1 Anticipated Stock Split
ATLANTA--(BUSINESS WIRE)--Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today reconfirmed its anticipated stock split. The company announced that while the Board of Directors has already approved the split in the form of a stock dividend, it has not been made effective till its shareholders have approved the proxy increasing the authorized shares. The increase in authorized shares was necessitated to ensure th
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