tiprankstipranks
Trending News
More News >

Delta Galil Adjusts Dormant Shares in Strategic Move

Story Highlights
Delta Galil Adjusts Dormant Shares in Strategic Move

Confident Investing Starts Here:

Delta Galil ( (IL:DELG) ) has issued an announcement.

Delta Galil Industries Ltd. reported a reduction in the number of its dormant shares, decreasing from 851,184 to 848,371. This change, representing 3.15% of the issued share capital, suggests strategic adjustments in its stock management, potentially impacting shareholder value and market perception.

More about Delta Galil

Delta Galil Industries Ltd. is a company incorporated in Israel, primarily engaged in the apparel industry. It is listed on the Tel Aviv Stock Exchange and known for its range of products, including high-quality fabric and clothing items, serving a global market.

YTD Price Performance: -1.09%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.52B

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

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App