Ampal-American Israel Corporation is calling shareholders meeting to increase authorized shares.

NEW YORK--(BUSINESS WIRE)--Ampal-American Israel Israel, in the Bible
Israel (ĭz`rēəl, ĭz`rāəl) [as understood by Hebrews,=he strives with God], according to the book of Genesis, name given to Jacob as eponymous ancestor of the Hebrews, the chosen people of God. Corporation announced today that it will call a meeting of its shareholders on November November: see month. 8, 1995 to consider approval of a proposal to double the number of its authorized shares Authorized shares

Number of shares authorized for issuance by a firm's corporate charter. of Class A Stock from 30 million to 60 million. The purpose is to insure Insure can mean:

To provide for financial or other mitigation if something goes wrong: see insurance or .
Or you may be looking for ensure or inshore.

that there are sufficient shares available in the event the Company determines to issue additional shares in order to raise working capital, to make acquisitions or for other corporate purposes.

Ampal and its subsidiaries acquire interests in businesses located in the State of Israel or that are Israel-related. An important objective of Ampal is to make investments in companies which take advantage of growth in Israel's domestic economy. Ampal and its subsidiaries have diversified diversified (di·verˑ·s interests in the following sectors: hotels and leisure-time, real estate, energy distribution, basic industry, high technology and communications, as well as others.

CONTACT: Larry Lefkowitz, 212/782-2100

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Publication:	Business Wire
Date:	Sep 28, 1995
Words:	152
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