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Israel Shipyards Industries Ltd. Issues New Commercial Securities

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Israel Shipyards Industries Ltd. Issues New Commercial Securities

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An announcement from Israel Shipyard ( (IL:ISHI) ) is now available.

Israel Shipyards Industries Ltd. has announced a significant change in its securities holdings, specifically through the issuance of Commercial Securities (Series 1). This issuance involves the allocation of 50,000,000 commercial securities, marking a substantial increase from a previous balance of zero. The securities are listed on the Tel Aviv Stock Exchange, and the allocation was processed through the Stock Exchange Clearing House. This move indicates a strategic effort by the company to potentially enhance its financial structure and market presence.

More about Israel Shipyard

YTD Price Performance: 8.64%

Average Trading Volume: 22,613

Current Market Cap: ILS2.89B

For a thorough assessment of ISHI stock, go to TipRanks’ Stock Analysis page.

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