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Formula Systems Announces Special Shareholders Meeting for Director Elections

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Formula Systems Announces Special Shareholders Meeting for Director Elections

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Formula Systems ( (FORTY) ) just unveiled an update.

On July 21, 2025, Formula Systems announced a special general meeting of shareholders to be held on August 27, 2025, at their offices in Or Yehuda, Israel. The meeting’s agenda includes the election of Mr. Ilan Regev and Mr. Amir Hillman as external directors for a three-year term, with the approval of their compensation terms. This meeting is significant for stakeholders as it involves key decisions regarding the company’s leadership and governance structure.

Spark’s Take on FORTY Stock

According to Spark, TipRanks’ AI Analyst, FORTY is a Outperform.

Formula Systems shows strong financial performance and positive technical indicators, suggesting a robust growth trajectory. However, overbought technical signals could lead to short-term volatility. The valuation metrics indicate a premium price with modest dividend yield, which might limit appeal for value-oriented investors.

To see Spark’s full report on FORTY stock, click here.

More about Formula Systems

Formula Systems (1985) Ltd. operates in the technology sector, providing software solutions and IT services. The company focuses on delivering a range of products and services to various industries, enhancing business operations through innovative technology solutions.

Average Trading Volume: 782

Technical Sentiment Signal: Buy

Current Market Cap: $1.96B

For detailed information about FORTY stock, go to TipRanks’ Stock Analysis page.

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