DOMA Perpetual Sends Letter Urging Board of Directors of InMode Ltd. to Immediately Execute Tender Offer followed by Share Buyback [Yahoo! Finance]
InMode Ltd. - Ordinary Shares (INMD)
Last inmode ltd. - ordinary shares earnings: 2/18 08:00 am
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Source: Yahoo! Finance
Lays Out Action Plan to Restore Investor Confidence, Including an additional 10% Share Buyback in 2025 Announces Intent to Fight for Shareholders Should InMode Not Take Appropriate Action MIAMI Jan. 15, 2025 /PRNewswire/ -- DOMA Perpetual Capital Management LLC, a significant stockholder of InMode Ltd. (NYSE: INMD ) ("InMode") today sent a letter to the Board of Directors of InMode (the "Board") urging the Board to accelerate and increase its stock repurchase. (PRNewsfoto/DOMA Perpetual) The letter can be downloaded here The full text of the letter follows: January 15, 2025 To the Board of Directors of InMode Ltd.: As you are aware from our previous communications, including our public letter of July 25, 2024 i , we are among the largest shareholders of InMode Ltd. ("InMode" or the "Company"). ii We are disappointed that the Company's stock price has not improved since our last public letter iii : in the wake of the Company's recent announcement of lower sales for Q4
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