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Mirland Development Converts Bonds to Shares, Reshaping Capital Structure

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Mirland Development Converts Bonds to Shares, Reshaping Capital Structure

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Mirland ( ($IL:MLD.M) ) has provided an announcement.

Mirland Development Corporation Plc announced a significant change in its securities structure with the conversion of Bond I into company shares. This change, executed via the stock exchange clearing, indicates a strategic move to adjust the company’s capital structure, potentially affecting its market presence and investor relations.

More about Mirland

Mirland Development Corporation Plc operates in the financial sector, focusing on securities and bond markets. It is listed on the Tel Aviv Stock Exchange, indicating its active participation in international capital markets.

YTD Price Performance: 25.00%

Average Trading Volume: 119,964

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: ILS750.6K

See more insights into MLD.M stock on TipRanks’ Stock Analysis page.

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