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Isracard Announces Key Shareholder Meeting to Decide on Strategic Proposals

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Isracard ( (IL:ISCD) ) just unveiled an announcement.

Isracard Ltd. has announced an Extraordinary General Meeting on February 20, 2025, for its shareholders to consider several significant proposals. Key items on the agenda include the approval of a merger proposal requiring a 75% affirmative vote, the distribution of a cash dividend, an increase in the company’s share capital, and amendments to the Articles of Association. These decisions, particularly the merger and capital increase, could have substantial implications for Isracard’s strategic positioning and shareholder value.

More about Isracard

Isracard Ltd. operates in the financial services industry, primarily providing credit card services and related financial products in Israel.

YTD Price Performance: 9.73%

Average Trading Volume: 781

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $952.4M

For a thorough assessment of ISCD stock, go to TipRanks’ Stock Analysis page.

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