IBEX To Repurchase $20 Mln Share Repurchase Program

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IBEX Ltd. (IBEX), on Wednesday, announced a share repurchase program authorizing the company to buyback up to $20 million of its common stock over the next 12 months.

IBEX said the repurchase program will be funded through existing cash balance and free cash flow.

Chief Executive Officer Bob Dechant said the new repurchase program reflects confidence in the company's business strength, financial position, and growth trajectory, while supporting shareholder value through disciplined capital deployment.

in the pre-market trading, IBEX is 1.61% higher at $31.52 on the Nasdaq.

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IBEX Ltd. announced a share repurchase program to buy back up to $20 million of its common stock over the next 12 months, funded by existing cash and free cash flow. CEO Bob Dechant stated that this reflects confidence in the company's strength and aims to enhance shareholder value. In pre-market trading, IBEX shares rose 1.61% to $31.52 on the Nasdaq.