PETACH-TIKVA, Israel, Nov. 28,
2023 /PRNewswire/ -- Eltek Ltd. (NASDAQ: ELTK), a
global manufacturer and supplier of technologically advanced
solutions in the field of printed circuit boards, announced today
that its Board of Directors has declared a cash dividend in the
amount of US$0.22 per share and in
the aggregate an amount of approximately US$1.3 million.
The dividend is payable on December
21, 2023, in US dollars, to all of the
Company's shareholders of record as of December 13, 2023. The dividend is
subject to a withholding tax at the rate of 25%.
"We are proud to announce the dividend to be distributed to
Eltek's shareholders. We believe that this dividend reflects all of
the hard work and significant achievements of the Company and its
management over the past year," said Yitzhak Nissan, Chairman of the Board Directors
of Eltek.
About Eltek
Eltek – "Innovation Across the Board", is a global
manufacturer and supplier of technologically advanced solutions in
the field of printed circuit boards (PCBs), and is an Israeli
leading company in this industry. PCBs are the core circuitry of
most electronic devices. Eltek specializes in the manufacture and
supply of complex and high-quality PCBs, HDI,
multilayered and flex-rigid boards for the high-end market. Eltek
is ITAR compliant and has AS-9100 and NADCAP Electronics
certifications. Its customers include leading companies in the
defense, aerospace and medical industries in Israel, the United
States, Europe and
Asia.
Eltek was founded in 1970. The Company's headquarters, R&D,
production and marketing center are located in Israel. Eltek also operates through its
subsidiary in North America and by
agents and distributors in Europe,
India, South Africa and South America.
For more information, visit Eltek's web site at
www.nisteceltek.com
Forward Looking Statement
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. Any
forward-looking statements set forth in this press release speak
only as of the date of this press release. The information found on
our website is not incorporated by reference into this press
release and is included for reference purposes only.
Investor Contact
Ron
Freund
Chief Financial Officer
Investor-Contact@nisteceltek.com
+972-3-939-5023
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SOURCE Eltek Ltd.