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 |
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0-15946 |
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77-0021975 |
(State or other |
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(Commission |
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(I.R.S. Employer |
jurisdiction of |
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File Number) |
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Identification No.) |
5 Concourse Parkway, Suite 3200, Atlanta, Georgia |
30328 |
(Address of principal executive offices) |
(Zip Code) |
Registrants 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 Companys 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 boards 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.
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EBIX, INC. |
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By: |
/s/ Robert Kerris |
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Robert Kerris |
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Chief Financial Officer |
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and Corporate Secretary |
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March 27, 2007 |
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