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An update from Lapidoth Cap. ( (IL:LAPD) ) is now available.
Lapidoth Capital announced a change in the holdings of Ariel Speier, a director and CEO of the company, who reduced his stake by selling 70,000 ordinary shares outside the stock exchange. This transaction decreased his holding from 0.38% to 0.27% of the company’s total securities, impacting his influence in terms of voting power and capital within the company. The sale was carried out in a single transaction, and the company was notified immediately, indicating a significant shift in the ownership structure that might affect its governance dynamics.
More about Lapidoth Cap.
Lapidoth Capital, formerly known as Lapidoth Oil Explorers for Israel Ltd, operates in the financial sector and is listed on the Tel Aviv Stock Exchange. The company is involved in various financial services and investments, with a focus on managing securities and related transactions.
YTD Price Performance: 4.17%
Average Trading Volume: 32,566
Current Market Cap: ILS4.81B
For a thorough assessment of LAPD stock, go to TipRanks’ Stock Analysis page.