Ibex chief legal officer sells $191k in stock

Published 12/02/2025, 23:10
Updated 12/02/2025, 23:12
Ibex chief legal officer sells $191k in stock

WASHINGTON—Christina Alice Trofimuk-O’Connor, the Chief Legal Officer of IBEX Ltd (NASDAQ:IBEX), recently disclosed a sale of company shares. On February 11, Trofimuk-O’Connor sold 7,500 common shares at a price of $25.51 per share, amounting to a total transaction value of approximately $191,325. The transaction comes as IBEX shares have shown remarkable strength, gaining nearly 70% over the past six months and currently trading near their 52-week high of $26.22.

In a related transaction on the same day, Trofimuk-O’Connor exercised stock options to acquire 7,500 common shares at a price of $12.75 per share, valued at $95,625. Following these transactions, she holds 17,050 shares directly. According to InvestingPro analysis, IBEX maintains strong financial health with a current ratio of 1.44 and operates with moderate debt levels.

These transactions were detailed in a Form 4 filing with the Securities and Exchange Commission, providing transparency about the insider’s trading activities. For deeper insights into insider trading patterns and 16+ additional ProTips, consider exploring InvestingPro’s comprehensive analysis tools and research reports.

In other recent news, IBEX Ltd has reported several significant developments. The company completed a $70 million share repurchase, buying back 3,562,341 of its common shares from The Resource Group International Limited. This move was financed through cash and a convertible promissory note, which has now been fully paid off using credit from HSBC Bank USA and HSBC Bank Middle East Limited.

In addition, the company’s recent annual general meeting resulted in key decisions including the re-election of directors and the retention of Deloitte & Touche LLP as the company’s auditor for the upcoming fiscal year. The board of directors’ size was set at eight members, with Fiona Beck, Shuja Keen, and Mohammed Khaishgi receiving the majority of votes.

These recent developments reflect the company’s strategic financial management and standard corporate governance activities. They also demonstrate IBEX Ltd’s confidence in its financial stability and future prospects. The company has not disclosed any additional strategic intentions behind the share repurchase. The information in this article is based on recent filings with the Securities and Exchange Commission and press release statements.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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