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Stock Market & Financial Investment News

News Breaks
November 6, 2012
14:51 EDTEBIXEbix corrects 'misleading' CEO stock ownership data in article
Ebix issued a press release in response to investor queries on its President & CEO Robin Raina's share ownership mentioned in a Bloomberg article published recently. The company stated: "The article seems to leave readers with the understanding that Mr. Raina had sold all his ownership in Ebix with the exception of 415,889 shares of Ebix. The Bloomberg article states "Raina owned about 3.5 million shares of Ebix, accounting for 9 percent of the company's shares, as of June 22, according to data compiled by Bloomberg. He held 415,889 shares as of Sept. 27." The Company confirms that the numbers mentioned in the Bloomberg article are completely erroneous and do not conform to Mr. Raina's current beneficial ownership at 3,671,560 shares, as mentioned in the 2012 Proxy statement filed by the Company. The Company also asserts that Mr. Raina has not sold any shares since our Proxy was filed on October 10."
News For EBIX From The Last 14 Days
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August 19, 2015
07:34 EDTEBIXEbix announces new $100M share repurchase plan
Ebix announced that its board has approved a new $100M share repurchase plan. This new share repurchase plan is in addition to the previously authorized $100M share repurchase plan which is nearing full utilization.

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