Company: IMXI
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001683695-25-000030
Chunk: 67

Company: International Money Express, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 5
Chunk 67
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 INDEX AND PEER GROUP INDEX

NOTE: Index Data: Copyright NASDAQ OMX, Inc. Used with permission. All rights reserved.

NOTE: Corporate Performance Graph with peer group uses peer group only performance (excludes only Intermex).

The graph is furnished and shall not be deemed “filed” with the SEC or subject to Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and is not to be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Recent Sales of Unregistered Securities

None.

Repurchases of Equity Securities of the Issuer

The Company’s share Repurchase Program (as defined below) provides for the repurchase, from time to time, of shares of Company common stock in open market transactions or in privately negotiated transactions in accordance with applicable securities laws. The timing and the amount of any repurchases is determined based on market conditions, legal requirements, cash flow and liquidity needs and other factors.

The following table provides information about repurchases of our common stock during the quarter ended December 31, 2024:

PeriodTotal Number of Shares Purchased(a)Average Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced Program (b)Approximate Dollar Value of Shares that May Yet be Purchased under the ProgramOctober 1 through October 31421,354$17.72 418,820$75,756,376 November 1 through November 30316,647$20.34 316,463$69,320,196 December 1 through December 31351,211$21.09 290,538$63,177,870 Total1,089,2121,025,821

(a)Includes (i) 2,534, (ii) 184 and (iii) 60,673 shares withheld for income tax purposes in October 2024, November 2024 and December 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