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Leumi Announces Early Redemption of Series 403 Notes
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Leumi Announces Early Redemption of Series 403 Notes

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Leumi ( (IL:LUMI) ) has provided an announcement.

Leumi, a bank with securities listed on the Tel Aviv Stock Exchange, announced the early full redemption of its deferred commitment notes (Series 403), totaling NIS 1,705,697,516, to occur on February 28, 2025. This strategic financial decision is expected to improve the company’s financial standing and provide clarity for investors, enhancing its market position and potentially impacting stakeholder interests positively.

More about Leumi

YTD Price Performance: 11.00%

Average Trading Volume: 902

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $19.66B

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

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