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Migdal Insurance Issues Corrective Report on Securities Register Error

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Migdal Insurance Issues Corrective Report on Securities Register Error

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Migdal Insur. ( (IL:MGDL) ) has shared an announcement.

Migdal Insurance has issued a corrective report related to a previous securities register report, indicating an error due to human oversight. The primary correction involved deducting private shareholders’ securities, which were transferred for registration on the Tel Aviv Stock Exchange. This update highlights a transfer between shareholders, affecting securities ownership without altering the total number of securities. Such adjustments are critical for maintaining accurate records and transparency in shareholder information, impacting investor trust and regulatory compliance.

More about Migdal Insur.

YTD Price Performance: 13.87%

Average Trading Volume: 1,718,591

Current Market Cap: ILS8.15B

Learn more about MGDL stock on TipRanks’ Stock Analysis page.

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