Business
ODDITY Tech Announces Purchase Of Class A Shares By Global CFO Lindsay Drucker Mann
NEW YORK, Sept. 12, 2023 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQ: ODD) today announced that its Global CFO, Lindsay Drucker Mann, has recently purchased
About this update from Oddity Tech Ltd.
[{"type":"text","content":"NEW YORK, Sept. 12, 2023 (GLOBE NEWSWIRE) -- ODDITY Tech Ltd. (NASDAQ: ODD) today announced that its Global CFO, Lindsay Drucker Mann, has recently purchased an aggregate of approximately $1,000,000 of ODDITY’s Class A ordinary shares in the open market. The purchases were made in full compliance with ODDITY’s insider trading policy. Ms. Drucker Mann’s decision to purchase shares reflects the compelling value she sees in the stock and her strong confidence in the business. About ODDITY: ODDITY is a consumer tech company that builds and scales digital-first brands to disrupt the offline-dominated beauty and wellness industries. The company serves over 40 million users with its AI-driven online platform, deploying data science to identify consumer needs, and developing solutions in the form of beauty and wellness products. ODDITY owns IL MAKIAGE and SpoiledChild. The company operates with business headquarters in New York City, an R&D center in Tel Aviv, Israel, and a biotechnology lab in Boston. Forward-Looking Statements: Certain statements in this press release may constitute “forward-looking” statements and information, within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements may address various matters, including ODDITY’s business strategy, market opportunity and future performance. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect management’s current views with respect to future events and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the following: our ability to maintain the value of our brands; our ability to anticipate and respond to market trends and changes in consumer preferences; our ability to attract new customers, retain existing customers and maintain or increase sales to those customers; our ability to maintain a strong base of engaged customers and content creators; the loss of suppliers or shortages or disruptions in the supply of raw ma...