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midastouch017

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midastouch017

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Saturday, 02/26/2005 3:03:54 AM

Saturday, February 26, 2005 3:03:54 AM

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Scitex (Nasdaq: SCIX; TASE: SCIX) rose 3.3% today, after a press report this morning that the company was expected to shortly distribute a $120 million dividend ($3 per share). If the report is correct, it amounts to over half of Scitex's market cap as of this morning. The company has not yet commented about the report, but the share responded strongly.

Published by Globes [online], Israel business news - www.globes.co.il - on February 22, 2005

Midas
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