IBEX Limited's board authorized a $20 million share repurchase program for its common stock, commencing May 14, 2026, over the next 12 months, funded by existing cash.
Key takeaways
Board authorized $20 million share repurchase of common stock on May 11, 2026.
Program commences May 14, 2026, for one-year period with no obligation to repurchase any shares.
Repurchases via open market, private deals, or block trades, compliant with Rule 10b-18/10b5-1.
Funded by existing cash balance and free cash flow, per press release.
Program flexible; Board may adjust, suspend, or discontinue at discretion.
Reflects CEO confidence in business strength and shareholder value focus.