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Delta Galil Reports Change in Dormant Shares

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Delta Galil Reports Change in Dormant Shares

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

Delta Galil Industries Ltd. has reported a change in the number of dormant shares in its capital as of February 17, 2025. The decrease in dormant shares, by 5,718, reflects the exercise of options, reducing the dormant shares held by the company to 842,653, making up 3.13% of the issued share capital. This adjustment in shareholding indicates a strategic financial maneuver by Delta Galil that could affect its market positioning and shareholder dynamics.

More about Delta Galil

Delta Galil Industries Ltd. is a company incorporated in Israel and is traded on the Tel Aviv Stock Exchange. The company is involved in the textile industry and is known for its production of garments and apparel, catering to a global market.

YTD Price Performance: -1.09%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.52B

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

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