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Delta Galil Adjusts Dormant Shares in Strategic Move

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Delta Galil Adjusts Dormant Shares in Strategic Move

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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.

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