Nano Dimension resumes share repurchase plan following extension

Companies & MarketsNews
September 25, 2023

September 25, 2023

Nano Dimension Ltd, based in Waltham, Massachusetts, USA, has received approval from the Israeli court to proceed with its previously announced share repurchase plan. This plan was initially approved by the Israeli court in August 2022 and will now continue until October 12, 2023.

Yoav Stern, Chief Executive Officer of the Company, commented, “We continue to fulfil our previous promise to investors, which was temporarily held back due to the time expiration of the Israeli court approval. We thank the court again for its flexibility in extending the Repurchase Plan period. We are happy to act in a way that both improves the company’s balance sheet and benefits its shareholders.”

THE WORLD OF METAL AM TO YOUR INBOX
Subscribe to our twice-weekly newsletter
Register now

The repurchase plan authorises the company’s management to repurchase American Depository Shares (ADSs) from time to time, in open market transactions, and/or in privately negotiated transactions or in any other legally permissible ways. The decision to repurchase will depend on market conditions, share price, trading volume, and other relevant factors.

The company has the option to repurchase all or a portion of the authorised repurchase amount. The Repurchase Plan does not require the company to repurchase any specific number of ADSs and can be suspended or terminated at any time at the company’s discretion.

www.nano-di.com

Companies & MarketsNews
September 25, 2023

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • Aluminium Additive Manufacturing: How a new generation of alloys will fuel industry growth
  • Shaping a national Additive Manufacturing ecosystem: The strategic growth of metal AM in Türkiye
  • How metal Additive Manufacturing is transforming modern hydraulic systems
  • High-performance product development in the era of computational design: a case study with nTop and NASA
  • The Additive Manufacturing of record-breaking pure copper heatsinks for high-performance computing applications
  • The Additive Manufacturing of tool steels: how non-linear modelling enables precise hardness control

Join 40,000+ other AM professionals – follow us online

Don’t miss a thing – register for our newsletter

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Register now

Looking for AM machines, metal powders or part manufacturing services?

Discover suppliers of these and more in our comprehensive advertisers’ index and buyer’s guide, available in the back of Metal AM magazine.

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data
Find suppliers

About Metal Additive Manufacturing magazine

Metal AM magazine, published quarterly in digital and print formats, is read by a rapidly expanding international audience.

Our audience includes component manufacturers, end-users, materials and equipment suppliers, analysts, researchers and more.

In addition to providing extensive industry news coverage, Metal AM magazine is known for exclusive, in-depth articles and technical reports.

Our focus is the entire metal AM process from design to application.

Each issue is available as an easy-to-navigate digital edition and a high-quality print publication.

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Share via
Copy link
Powered by Social Snap