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Dor Alon Energy Announces Successful Tender for Institutional Investors

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Dor Alon Energy Announces Successful Tender for Institutional Investors

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Dor Alon ( (IL:DRAL) ) has issued an update.

Dor Alon Energy in Israel (1988) Ltd announced the results of a tender for institutional investors, which was held to enhance liquidity and financial flexibility by offering a total of 1,000 units of land bonds. The tender, yielding a total consideration of 306 million ILS, highlights the company’s commitment to transparency, with the securities now listed on the Tel Aviv Stock Exchange.

More about Dor Alon

Dor Alon Energy in Israel (1988) Ltd, established in 1988, is a leading company in the energy sector in Israel and is listed on the Tel Aviv Stock Exchange.

YTD Price Performance: 12.11%

Average Trading Volume: 737

Current Market Cap: ILS1.74B

Find detailed analytics on DRAL stock on TipRanks’ Stock Analysis page.

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