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Sarine Technologies Approves Share Buy-Back Mandate at EGM

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An announcement from Sarine Tech ( (SG:U77) ) is now available.

At the Extraordinary General Meeting held on April 24, 2025, Sarine Technologies Ltd. announced the approval of the renewal of its Share Buy-Back Mandate, while proposals to adopt new Articles of Association and a 2025 Share Option Plan were dismissed. The approval of the Share Buy-Back Mandate could impact the company’s financial strategies and shareholder value, reflecting a strategic decision to manage capital allocation effectively.

More about Sarine Tech

Sarine Technologies Ltd. is a company registered in Israel, primarily operating in the technology sector. The company focuses on providing advanced technological solutions, likely in areas such as diamond and gemstone processing, given its market focus and industry positioning.

YTD Price Performance: -18.75%

Average Trading Volume: 5,002

Technical Sentiment Signal: Buy

Current Market Cap: $58.46M

For a thorough assessment of U77 stock, go to TipRanks’ Stock Analysis page.

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