Brief: Butler Hall Capital Issues Open Letter to INMD's Board

InMode

08/11/2023 13:42

Nov 8 (Reuters) - Inmode Ltd  INMD.O :
    * BUTLER HALL CAPITAL LLC: ISSUED OPEN LETTER TO INMD'S
BOARD OF
DIRECTORS
    * BUTLER HALL CAPITAL: ENCOURAGE INMODE TO ALLOCATE CAPITAL
TOWARDS BUYBACKS, ORGANIC INVESTMENTS AS COMPARED TO ANY
EXTERNAL ACQUISITION OPPORTUNITIES
    * BUTLER HALL CAPITAL: BELIEVE THAT INMODE COULD BE ONE OF
LARGEST
BENEFICIARIES OF GLP-1 MEDICATION IN PUBLIC MARKET
    * BUTLER HALL CAPITAL: BELIEVE INMODE SHOULD IMMEDIATELY
ANNOUNCE
BUYBACK OF $550 MILLION, OR ABOUT 30% OF INMODE'S OUTSTANDING
SHARES

Source text for Eikon:  ID:nGNXkxqQS 
Further company coverage:  INMD.O 

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