Acxiom® Announces $50 Million Stock Repurchase Program

  
    
  
  
    
      The board of directors of Acxiom® 
      Corporation (Nasdaq: ACXM) today authorized a new stock purchase program 
      of up to $50 million of its common stock. It also voted to suspend the 
      quarterly dividend for the foreseeable future.
    
    
      Michael J. Durham, non-executive chairman of the board, stated, “The 
      Board believes a stock repurchase program gives the company more 
      flexibility and better positions it to preserve and enhance shareholder 
      value.”
    
    
      John Meyer, chief executive officer and president, stated, “Despite 
      stress and uncertainty in the economy, the company has increased its 
      cash balance by almost 50% during the first six months of this fiscal 
      year to a total of $93.4 million. We believe this cash position gives us 
      the flexibility to utilize the funds towards a stock repurchase.”
    
    
      About Acxiom Corporation
    
    
      The global leader in interactive marketing services, Acxiom connects 
      clients with their customers through deep consumer insight, powering 
      effective and profitable marketing initiatives and business decisions. 
      Our consultative approach spans multiple industries and incorporates 
      decades of experience in consumer data and analytics, information 
      technology, data integration and consulting solutions for effective 
      marketing across digital, Internet, email, mobile and direct mail 
      channels. Founded in 1969, Acxiom is headquartered in Little Rock, Ark., 
      and serves clients around the world from locations in the United States, 
      Europe and Asia-Pacific. For more information about Acxiom, visit www.acxiom.com.