IMXI to repurchase 175K shares from CEO at $19.11, ~$3.3M total

International Money Express, Inc.

CEO Robert W. Lisy selling 175,000 shares back to company at $19.11/share.
Price represents 5% discount to last sale of $20.12 on March 11, 2024.
Aggregate purchase price of ~$3.3M to be funded from cash on hand.
Transaction approved by Audit Committee; part of Lisy's investment diversification.
Shares represent approx. 0.55% of outstanding common stock.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

International Money Express, Inc. entered into Share Repurchase Agreement valued at approximately $3.3 million (effective 2024-03-11).

Action: entry
Agreement: equity purchase
Value: approximately $3.3 million
Effective: 2024-03-11

Exact text from the filing

On March 11, 2024, International Money Express, Inc. (the “ Company ”) entered into a share repurchase agreement (the “ Share Repurchase Agreement ”) with Robert W. Lisy (the “ Stockholder ”), the Company’s Chief Executive Officer, President and Chairman of the Board of Directors (the “Board”), for the purchase of 175,000 shares of the Company’s common stock

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290 material agreements filed in the last 30 days. Browse all material agreements →

International Money Express, Inc. filing history →

Source: SEC EDGAR

accession 0001683695-24-000067

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