""Strauss has lost its shame": This is the move it is making after raising prices

June Green
March 26, 2024   
Photo: 
Avshalom Sassoni/Flash90

Strauss announced to the stock exchange this morning (Tuesday) a dividend of 270 million shekels to shareholders.

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Therefore, Strauss Holdings, which is controlled by Ofra Strauss and her siblings who hold 57% of the company, will receive a dividend of approximately 150 million shekels.

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The dividend withdrawal comes after the company recently announced that there was no escape from raising product prices and even laid off employees.

An industry source told 'Kan News': "Ofra Strauss has no shame. While she raises prices and lays off workers, she is attracting millions. The company that promoted values ​​of contributing to the community is disconnecting from the sensitive humanity that has characterized it over the years, with the entry of the company's CEO - and has begun to milk the public. It is puzzling how Ofra Strauss lives with this in peace and lets this happen.".

The Minister of Economy responded: "Strauss has lost its shame. The Strauss company, which is on the blacklist after raising prices during wartime, is breaking records for disconnection and is paying out a dividend of hundreds of millions.".

""At Strauss, they complained in conversations with me about Strauss's financial situation and decided to raise prices during wartime - suddenly they found profits of hundreds of millions to share with the shareholders.

""I urge the public not to purchase Strauss products. Enough with being friars, it's time for the public to punish those who oppress them in times of peace and even more so in times of war. We don't buy from companies on the blacklist.".


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