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AnnuityNet Parent Announces Stock Split

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Ebix Inc. says it will give shareholders 3 shares of common stock for every share that they hold at the close of business Aug. 15.

Ebix, Atlanta, the parent of the AnnuityNet annuity trading system, says its board approved the stock split to make the company’s shares easier for individual shareholders and institutional investors to afford.

Ebix shares are now selling for about $100.

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