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Eltek Announces Repayment Of Its Bank Debt And Acceleration Of Its Current Investments In Production Equipment

Author: Benzinga Newsdesk | June 27, 2023 07:34am

Eltek Ltd. (NASDAQ:ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that it repaid the balance of its $1.7 million  of bank debt. As of June 27, 2023 the Company's cash balance is $7 million. In addition, the Company has decided to accelerate its current investments in production equipment.

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