Cimatron Surges Most in 5 Months in Israel on Cash Distribution

Cimatron Ltd. soared the most in almost five months after the provider of software products for manufacturing industries said it received court approval for a $10 million cash distribution to shareholders.

The shares climbed 13 percent, the most on an intraday basis since Nov. 29, to 15.55 shekels at 1:02 p.m. in Tel Aviv.

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