The latest announcement is out from Mydas ( (IL:MYDS) ).
Mydas has reported a change in the holdings of its securities, specifically noting an increase in shares held by Avraham Elimelech, a Director/CEO with Israeli citizenship. The transaction involved a purchase of 5,000 ordinary shares on the stock exchange, raising his total holdings to 860,000 shares, equating to 0.92% of the company’s securities. This change reflects a slight increase in Elimelech’s influence within the company, with implications for stakeholders as it may indicate strategic positioning or confidence in the company’s future performance. The transaction was completed fully with the payment settled at the time of the change.
More about Mydas
YTD Price Performance: -11.68%
Average Trading Volume: 122,000
Current Market Cap: ILS29.02M
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