Cellcom ( (IL:CEL) ) just unveiled an update.
Cellcom Israel Ltd. announced the approval of a private issuance of 10 million options, intended to increase the company’s issued and paid-up capital. These options are designated for employees, managers, and consultants, highlighting the company’s emphasis on rewarding and motivating its internal stakeholders. This strategic move could boost employee engagement and retention, potentially strengthening the company’s industry position.
More about Cellcom
Cellcom Israel Ltd. is a telecommunications company that provides various telecom services, including mobile, internet, and fixed-line services, primarily focusing on the Israeli market.
YTD Price Performance: 4.48%
Average Trading Volume: 1,417
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.16B
Find detailed analytics on CEL stock on TipRanks’ Stock Analysis page.