Tel Aviv Stock Exchange Reports 81% Profit Surge and Approves NIS 150 Million Share Buyback

The Tel Aviv Stock Exchange (TASE) reported significant financial growth in the second quarter of 2026, driven by increased clearing services and trading fees. Revenues rose 36% to NIS 185.4 million compared to NIS 136.1 million in the same quarter last year, despite having fewer trading days (57 versus 60). Net profit surged 81% to NIS 78.9 million from NIS 43.6 million year-over-year. Adjusted EBITDA increased 60% to NIS 114.5 million, while adjusted net profit climbed 82% to NIS 80.8 million.

Operating expenses grew by 10% to NIS 88.4 million, mainly due to higher employee benefits, share-based payments, and operational costs. Net financing income jumped 239% to NIS 4.1 million, benefiting from gains on marketable securities, reduced interest expenses on loans, and favorable currency exchange impacts. Tax expenses rose 70% to NIS 22.1 million, reflecting the higher pre-tax profits.

In line with its strategic plan to expand market activity, the TASE board approved a share buyback program of up to NIS 150 million, to be executed by the end of 2026. This move aims to enhance shareholder value amid the exchange’s strong financial performance.