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Propert & Buil ( (IL:PTBL) ) has issued an announcement.
Property & Building Corp. Ltd, involved in financial and real estate transactions, has executed an early partial termination of a PUT option related to its sale of shares in Gav-Yam Lands Ltd. This move involves 5.5 million shares, representing approximately 2.5% of Gav-Yam’s capital, and is expected to yield a profit of about 17 million NIS for the company in the first quarter of 2025. This strategic financial maneuver is likely to positively impact the company’s financial statements and could potentially enhance its positioning within the industry, providing value to its stakeholders.
More about Propert & Buil
YTD Price Performance: 19.19%
Average Trading Volume: 6,359
Current Market Cap: ILS2.17B
See more insights into PTBL stock on TipRanks’ Stock Analysis page.