Partner Communications starts 200M-shekel buyback [Seeking Alpha]
Partner Communications Company Ltd. - American Depositary Shares, each representing one ordinary share (PTNR)
US:NASDAQ Investor Relations:
partner.co.il/ir-en
Company Research
Source: Seeking Alpha
Partner Communications starts 200M-shekel buybackAlong withearnings today, Israel's Partner Communications (PTNR+4.9%) announced ashare repurchase plan.The plan authorizes buybacks of up to 200M shekels (about $56.1M) of ordinary shares on the Tel Aviv exchange.That starts June 4 and lasts until May 30, 2019.It will be implemented in multiple tranches, starting with the buyback of up to 50M shekels worth (about $14M).Shares are at a two-week high in Nasdaq trading.See all stocks on the move »Now read:Cellcom Israel, Ltd. 2018 Q1 - Results - Earnings Call Slides »
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