Ebix (EBIX) Announces 3-for-1 Stock Split

October 12, 2009 8:37 AM EDT

Ebix, Inc. (NASDAQ: EBIX) announced that its Board of Directors has approved a three-for-one split of the Company's common stock.

The Company anticipates a record date of approximately November 30, 2009.

CEO Robin Raina said, "This stock split is intended to further improve our liquidity and to make our shares more accessible, both to institutions and to the individual shareholders."


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