International Money Express Inc
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 8, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Issuer Purchases of Equity Securities
The following table provides information about repurchases of our common stock during the quarter ended June 30, 2024:
| Period · Total Number of Shares Purchased(a) · Average Price Paid per Share · Total Number of Shares Purchased as Part of Publicly Announced Program(b) · Approximate Dollar Value of Shares that May Yet be Purchased under the Program | |||||
|---|---|---|---|---|---|
| April 1 through April 30 | 369,923 | $22.08 | 369,002 | $42,531,728 | |
| May 1 through May 31 | 125,017 | $20.78 | 47,037 | $41,581,416 | |
| June 1 through June 30 | 107,877 | $20.82 | 105,612 | $39,381,693 | |
| Total | 602,817 | 521,651 | |||
(a)Includes (i) 921, (ii) 77,980 and (iii) 2,265 shares withheld for income tax purposes in April 2024, May 2024 and June 2024, respectively, in connection with shares issued under compensation and benefit programs.
(b)On August 18, 2021, the Company’s Board of Directors approved a stock repurchase program (the “Repurchase Program”) that authorizes the Company to purchase up to $40.0 million of outstanding shares of the Company’s common stock. The Repurchase Program does not have an expiration date. On March 3, 2023 the Board of Directors approved an increase to the Repurchase Program that authorizes the Company to purchase an additional $100.0 million of its outstanding shares.
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