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I.B.I Investment House Ltd Reduces Stake in More Invest

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I.B.I Investment House Ltd Reduces Stake in More Invest

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More Invest ( (IL:MRIN) ) has shared an announcement.

More Invest announced that I.B.I Investment House Ltd has ceased to be an interested party in the corporation due to a reduction in shares following a sale on the stock exchange. This change may impact the company’s operational dynamics and shareholder structure, as it adjusts to the revised holdings of its securities. The transaction involved a significant sale of 191,141 shares at a price of 1,486 cents per share, leaving I.B.I with a reduced holding percentage in More Investments.

More about More Invest

More Invest operates in the investment sector, primarily focusing on securities investments. The company’s shares are publicly traded on the Tel Aviv Stock Exchange, and it is associated with I.B.I Investment House Ltd, a public company incorporated in Israel.

YTD Price Performance: 6.66%

Average Trading Volume: 85,890

Current Market Cap: ILS1.08B

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

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