It is the Board of Directors of Eltek Ltd. (NASDAQ: ELTK) who has decided to declare a cash dividend of $0.22 per share, resulting in a total of approximately US$1.3 million in dividends. Eltek Ltd., a global manufacturer and supplier of technologically advanced solutions in the printed circuit board industry, announced today.
It is anticipated that the dividend will be payable on December 21, 2023, in US dollars, to all shareholders of record on December 13, 2023, but it will be subject to a 25% withholding tax at the time of payment.
It is our honor to announce the dividend that will be distributed to Eltek's shareholders in the coming year. It is our belief that this dividend reflects all of the hard work and significant achievements of Eltek's management in the past year," said Yitzhak Nissan, Chairman of Eltek's Board of Directors.
We are Eltek - "Innovation Across the Board", an Israeli leading company in the field of Printed Circuit Boards (PCBs), which is a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs).. In most electronic devices, the circuitry on the PCB is the most important part. Our company specializes in the manufacture and supply of complex and high-quality PCBs, HDIs, multilayered and flexible-rigid boards used in the high-end electronics industry. We at Eltek are ITAR compliant and have AS-9100 and NADCAP electronics certifications to prove it. There are a number of leading companies in the defense, aerospace and medical industries in Israel, the United States, Europe and Asia that are among its customers
There are a number of leading companies in the defense, aerospace and medical industries in Israel, the United States, Europe and Asia that are among its customers
Founded in 1970, Eltek has its headquarters, R&D, production, and marketing centers located in Israel. Eltek also operates through its subsidiary in North America, as well as through agents and distributors in Europe, India, South Africa, and South America that cover these regions.
If you would like more information, you can visit Eltek's website at www.nisteceltek.com.
Statement of Forward Looking Information
Some of the statements included in this press release may be forward-looking statements that involve a number of risks and uncertainties including, but not limited to expected results in future quarters, the impact of the Coronavirus on the economy and our operations, risks in product and technology development and rapid technological change, product demand, the impact of competitive products and pricing, market acceptance, the sales cycle, changing economic conditions and other risk factors detailed in the Company's Annual Report on Form 20-F and other filings with the United States Securities and Exchange Commission. It should be noted that any forward-looking statements contained in this press release speak only as of the date on which they were made. It is important to note that the information found on our website is not incorporated by reference into this press release and is only provided for reference purposes.
It is important to note that the information found on our website is not incorporated by reference into this press release and is only provided for reference purposes.
Contact information for investorsRon FreundChief Financial OfficerInvestor-Contact@nisteceltek.com +972-3-939-5023
Eltek logo can be found at: https://mma.prnewswire.com/media/881148/Eltek_Logo.jpg
                                                           
Eltek Ltd. is the source of this information.
There was an announcement from Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, today.
In the field of printed circuit boards (PCBs), Eltek Ltd. (NASDAQ: ELTK), is a leading global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards.
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