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Atrion Corporation Exits Stake in Aran R&D

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Atrion Corporation Exits Stake in Aran R&D

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Aran ( (IL:ARAN) ) has issued an update.

Aran Research Development and Models Ltd. announced that Atrion Corporation has ceased to be an interested party, following the sale of its 363,389 ordinary shares outside the stock exchange. This transaction implies that Atrion no longer holds any voting or capital rights in Aran, marking a shift in the company’s shareholder structure. The sale, completed at a rate of 1,480 cents per share, reflects a significant change in ownership dynamics, potentially impacting stakeholder interests and future corporate governance.

More about Aran

Aran Research Development and Models Ltd. operates within the research and development industry, focusing on producing models and providing research services. With its securities traded on the Tel Aviv Stock Exchange, the company is positioned in the Israeli market with a focus on innovation and development.

YTD Price Performance: -3.51%

Average Trading Volume: 1,170

Current Market Cap: ILS93.95M

Learn more about ARAN stock on TipRanks’ Stock Analysis page.

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