DOMA Perpetual Sends Letter Urging Board of Directors of InMode Ltd. to Immediately Execute Tender Offer followed by Share Buyback
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DOMA Perpetual Capital Management LLC, a significant shareholder of InMode Ltd., has urged the company's board to execute a tender offer for 30% of the company and an additional 10% share buyback in 2025 to restore investor confidence. DOMA is prepared to fight for shareholders if InMode does not take appropriate action.
January 15, 2025 | 1:15 pm
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DOMA Perpetual Capital Management LLC is pressuring InMode Ltd. to conduct a 30% tender offer and a 10% share buyback in 2025. This move is aimed at restoring investor confidence and could lead to a short-term increase in stock price if executed.
The pressure from a significant shareholder like DOMA Perpetual for a tender offer and share buyback suggests potential positive action that could increase demand for InMode's shares, likely boosting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100