G. WILLI-FOOD ANNOUNCES SHARE REPURCHASE PROGRAM
YAVNE, Israel, Dec. 22, 2023 /PRNewswire/ -- G. Willi-Food International Ltd. (NASDAQ: WILC) (TASE: WILF) (the "Company" or "Willi-Food"), a global company that specializes in the development, marketing and international distribution of kosher foods, announces today that its Board of Directors has authorized a share repurchase program permitting the Company to repurchase up to $5 million of the Company's Ordinary Shares over the next six months.
- YAVNE, Israel, Dec. 22, 2023 /PRNewswire/ -- G. Willi-Food International Ltd. (NASDAQ: WILC) (TASE: WILF) (the "Company" or "Willi-Food"), a global company that specializes in the development, marketing and international distribution of kosher foods, announces today that its Board of Directors has authorized a share repurchase program permitting the Company to repurchase up to $5 million of the Company's Ordinary Shares over the next six months.
- The Company is not obligated to purchase any Ordinary Shares under the repurchase program, and the repurchase program may be increased, suspended or discontinued at any time without prior notice.
- "We are very pleased to announce this repurchase program to benefit shareholders at a time when we believe our share is undervalued," said Willi-Food Chairman Zwi Williger and Willi-Food Chief Executive Officer Joseph Williger.
- "The initiation of our share repurchase program reflects our confidence in our business and the long-term potential for Willi-Food and our commitment to maximize shareholder value," he added.