other material
confidence high
sentiment neutral
materiality 0.35
IMXI repurchases 100k shares from director-owned entity at $13.30 each
International Money Express, Inc.
- Repurchased 100,000 shares from Latin-American Investment Holdings at $13.30/share, a 2.6% discount to last sale price.
- Total consideration ~$1.3 million, funded from cash on hand.
- Seller held ~366,989 shares (1.2% of outstanding); transaction approved by independent Audit Committee.
- Director John Rincon is sole owner of seller; he recused from board and committee deliberations.