The board approved the distribution on August 10, 2026, after conducting the necessary profit and solvency tests mandated by Section 302 of the Israel Companies Law. Shareholders of record as of August 18, 2026, are eligible to receive the payment on September 9, 2026. According to the company's financial statements from June 30, 2026, Max Stock retains distributable profits of ILS 179 million even after accounting for this specific dividend payout.
Max Stock Declares ILS 50 Million Dividend for Shareholders
Max Stock Limited will distribute a cash dividend totaling ILS 50 million to shareholders next month, following a formal decision by the company's board of directors. The payout, set at ILS 0.3574116 per share, reflects the retailer’s current financial standing and adherence to Israeli corporate solvency requirements.
Tax documentation indicates that the entire dividend amount originates from revenues subject to Israeli corporate tax. Furthermore, the company confirmed that the exercise price for employee and officer stock options will undergo a standard adjustment to account for the dividend distribution. Max Stock, which currently operates 65 retail locations across Israel, maintains its headquarters in Caesarea.
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