iCon Group Ltd (TASE:ICON) announces a share repurchase program. Under the program, the company will repurchase up to ILS 15 million worth of its shares. The purpose of the plan is to increase the yield per share for the benefit of the company's shareholders.

The repurchases will be funded from the company's independent sources, including the realization of the company's credit frameworks. The program will be valid until the earliest of purchase of shares of the company to the extent of the total purchase cost; or the end of the trading day on June 30, 2022.