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The latest announcement is out from Phinergy ( (IL:PNRG) ).
Phinergy has reported a change in holdings involving its Chairman of the Board, Aviv Tzidon. The change arose from a purchase of shares on the stock exchange, increasing Tzidon’s holding to 19.70% of the total securities of the same type. Tzidon holds shares both directly and through companies fully owned by him, and coordinates voting with other key stakeholders under a shareholders’ agreement. This strategic maneuver solidifies the controlling interest of Tzidon and his partners in Phinergy, potentially strengthening their influence over company decisions.
More about Phinergy
YTD Price Performance: -36.43%
Average Trading Volume: 57,112
Current Market Cap: ILS167.5M
See more insights into PNRG stock on TipRanks’ Stock Analysis page.