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MONTREAL - Senvest Capital Inc. (TSX:SEC), a $215 million market cap company trading near its 52-week high of $5.11, announced Thursday that shareholders approved all six director nominees at the company’s annual meeting. According to InvestingPro data, the company maintains strong financial health with a current ratio of 7.89.
The elected board members include Victor Mashaal, David E. Basner, Eileen Bermingham, Frank Daniel, Jeffrey Jonas, and Richard Mashaal. Each nominee received over 99.9% of votes cast in their favor, according to a company press release. The strong shareholder support comes as the company maintains profitability with revenues of $13.2 million in the last twelve months.
Shareholders also reappointed PricewaterhouseCoopers LLP as the corporation’s auditors during the June 20 meeting.
Senvest Capital operates in several business segments including merchant banking, asset management, real estate, and electronic security.
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