NAPLES, Fla.--(BUSINESS WIRE)--
ACI
Worldwide (NASDAQ: ACIW), a leading international provider of electronic
payment and banking systems, announced today that its Board of
Directors has approved a three-for-one stock split effective through a
dividend. Stockholders of record at the close of business on June 30,
2014 will receive two additional shares for every outstanding share held
on the record date. The additional shares will be payable on July 10,
2014.
This stock split is subject to stockholders approving an amendment to
ACI Worldwide's certificate of incorporation to increase the number of
authorized common shares. This stockholder approval is expected to be
obtained at the June 18, 2014 annual meeting of stockholders.
ACI Worldwide had approximately 38 million common shares outstanding as
of April 10, 2014. Shareholders are expected to approve a proposal to
increase the company's authorized common shares in order to effect this
dividend at their annual meeting on June 18, 2014. Following the split,
approximately 114 million common shares will be outstanding.
About ACI Worldwide
ACI Worldwide, the Universal
Payments company, powers electronic payments and banking for more
than 5,000 financial institutions, retailers, billers and processors
around the world. ACI software processes $13 trillion in payments and
securities transactions for more than 250 of the leading global
retailers, and 21 of the world's 25 largest banks. Through our
comprehensive suite of software products and hosted services, we deliver
a broad range of solutions for payment processing; card and merchant
management; online
banking; mobile, branch and voice banking; fraud
detection; trade finance; and electronic
bill presentment and payment. To learn more about ACI, please visit www.aciworldwide.com.
You can also find us on Twitter @ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2014.
ACI, ACI Payment Systems, the
ACI logo and all ACI product names are trademarks or registered
trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the
United States, other countries or both. Other parties' trademarks
referenced are the property of their respective owners.
ACI Worldwide
John Kraft, 239-403-4627
Vice President,
Investor Relations & Strategic Analysis
john.kraft@aciworldwide.com
Source: ACI Worldwide
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