SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): March 21, 2008

 

EBIX, INC.

(Exact name of registrant
as specified in its charter)

 

Delaware

 

0-15946

 

77-0021975

(State or other

 

(Commission

 

(I.R.S. Employer

jurisdiction of
incorporation)

 

File Number)

 

Identification No.)

 

5 Concourse Parkway, Suite 3200, Atlanta, Georgia

30328

(Address of principal executive offices)

(Zip Code)

 

Registrant’s telephone number, including area code:  (678) 281-2020

 

 

(Former name or former address, if changed since last report.)

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

 Item 8.01  Other Events.

 

On March 21, 2008, the board of directors of Ebix, Inc. (“Ebix” or the “Company”) ratified an increase in the Company’s ability to repurchase its own current outstanding shares of common stock from an aggregate of $1 million ($1,000,000) to $5 million ($5,000,000). Under the terms of the board’s authorization, Ebix retains the right to purchase up to $5 million ($5,000,000) in shares but does not have to repurchase this entire amount. All repurchases are expected to be funded from existing cash.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

EBIX, INC.

 

 

 

 

 

 

 

By:

/s/ Robert Kerris

 

 

Robert Kerris

 

 

Chief Financial Officer

 

 

and Corporate Secretary

 

 

 

March 27, 2007

 

 

 

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