TASE:KENRenewable Energy
Kenon Holdings’ Valuation After ILS 800 Million Follow On Offering And Recent Share Price Momentum
Kenon Holdings’ follow on offering and what it means for shareholders
Kenon Holdings (TASE:KEN) has completed an ILS 800 million follow on equity offering, issuing 8,000,000 ordinary shares at ILS 100. This move reshapes its capital base and share count.
See our latest analysis for Kenon Holdings.
At a share price of ₪249.7, Kenon’s 90 day share price return of 26.82% and very large 5 year total shareholder return suggest momentum has been building ahead of and around this capital raise, as...