Zix Corporation (ZIXI) Approves $10M Buyback Plan

Zix Corporation (NASDAQ: ZIXI) announced that its board of directors approved a share repurchase program that enables the company to purchase up to $10 million of its shares of common stock from time to time in the open market. The amount and timing of specific repurchases are subject to market conditions, applicable legal requirements and other factors. The share purchases will be funded from cash from operations and may be suspended or discontinued at any time. The share repurchase program is scheduled to expire on July 31, 2015.

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