Stock repurchase plan was approved by court

Waltham, massachusetts, aug. 03, 2022 (globe newswire) --  nano dimension ltd. (nasdaq: nndm, “nano dimension” or the “company”), a leading supplier of additively manufactured electronics (“ame”) and multi-dimensional metal & ceramic additive manufacturing (“am”) 3d printers, announced today that the israeli court has approved the company's previously announced repurchase plan, allowing the company to invest up to $100 million to repurchase its american depository shares (the “ads”) for a maximum period of 12 months. even though nano dimension's shares are traded only on nasdaq (through ads), nano dimension ltd., being an israeli entity, needed a regulatory court approval as per the local corporate law.
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