Inactive Instrument

Multi Retail Group Ltd TEL AVIV STOCK EXCHANGE

MRG

IL0011716698

Multi Retail Group Ltd announces an Equity Buyback for ILS 8 million worth of its shares.

May 31, 2022 at 08:11 am EDT

Multi Retail Group Ltd (TASE:MRG) announces a share repurchase program. Under the program, the company will repurchase its own shares up to an estimated cost of ILS 8 million. The program will be funded from the company's internal resources.

The program will expire on November 15, 2022.

Latest news about Multi Retail Group Ltd

Multi Retail Group Ltd Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 25	CI
Multi Retail Group Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Dec. 28	CI
Multi Retail Group Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-23	CI
Multi Retail Group Ltd's Equity Buyback announced on November 29, 2022, has expired.	23-05-24	CI
Ace Capital Retail 2016 Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-17	CI

Chart Multi Retail Group Ltd

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Company Profile

Multi Retail Group Ltd, former Ace Capital Retail 2016 Ltd, is an Israel-based company that is primarily active in retail industry. The Company operates network of branches operating under the brand ACE and Auto Depot. Through Auto Depot the Company is engaged in delivering services, products and accessories dedicated to cars such as, cleaning and care of the vehicle, accumulators, tires, car oils and additives, car bulbs, Childers and baby products, vehicle cameras and other electronics. ACE offers products for upgrading and maintaining the home such as, furniture's, , electrical products, air conditioners, garden furniture and outdoor products, and design and textiles. Additionally the Company operates a factory in Ashdod where furniture, cabinets are manufactured and wardrobes that are customized to the requirements and needs of customers.

Sector

Department Stores

More about the company

Sector Retail - Department Stores

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Retail - Department Stores