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IBEX Completes $70 Million Share Purchase Transaction
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IBEX Completes $70 Million Share Purchase Transaction

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Invest with Confidence:

The latest update is out from IBEX ( (IBEX) ).

IBEX Limited has successfully completed a financial transaction involving the purchase of 3,562,341 common shares from The Resource Group International Limited for $70 million. The transaction was settled with $45 million in cash and a $25 million convertible promissory note, which was fully paid off using credit lines from HSBC, leading to the termination of the note.

More about IBEX

YTD Price Performance: -1.11%

Average Trading Volume: 119,093

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $359.8M

See more data about IBEX stock on TipRanks’ Stock Analysis page.

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