TASE:PHOEInsurance
ILS 300m Buyback Authorization Could Be A Game Changer For Phoenix Financial (TASE:PHOE)
The Phoenix Holdings Ltd. (TASE:PHOE) previously announced a share repurchase program of up to ILS 300,000,000, financed through a mix of loans and internal resources, with authorization running until December 31, 2026.
This board-approved buyback plan highlights management’s willingness to deploy significant capital into its own shares, which can influence ownership structure and capital allocation priorities.
We’ll now examine how this sizable buyback authorization shapes Phoenix...