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Orian Ltd. Announces Strategic Share Allocation

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Orian Ltd. Announces Strategic Share Allocation

Elevate Your Investing Strategy:

An announcement from Orian ( (IL:ORIN) ) is now available.

Orian Ltd., whose securities are listed on the Tel Aviv Stock Exchange, has announced a significant change in its share capital. On February 17, 2025, Orian allocated 1,111,112 ordinary shares to thirteen investors, including twelve classified investors and one unclassified investor, following approval from the stock exchange. This move, involving a private allocation to Mizrahi Tefahot Company Ltd., reflects a strategic decision by the company to potentially enhance investor engagement and capital structure.

More about Orian

YTD Price Performance: 25.12%

Average Trading Volume: 6,904

Current Market Cap: ILS434.3M

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

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