Elbit Imaging’s series H note buybacks reach NIS 35.83 million

By Marisa Wong

Morgantown, W.Va., Sept. 29 – Elbit Imaging Ltd. has repurchased a total of NIS 35,826,536 principal amount of its series H notes traded on the Tel Aviv Stock Exchange under its buyback plan from June 1 to Sept. 29.

Elbit purchased the shares at a weighted average price of 93.94 for a total price of NIS 33,656,712, according to a 6-K filed Thursday with the Securities and Exchange Commission.

Since Oct. 12, 2015, the company has bought back NIS 135,258,103 of series H notes at a weighted average price of 91.38 for a total of NIS 123,579,299.

Elbit Imaging is a company based in Tel Aviv with interests in commercial centers and other mixed-use real estate projects, predominantly in the retail sector, located in Central and Eastern Europe, hotels, medical industries and devices and residential projects, primarily in India.

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