Caesarstone Ltd 6-K, filed Dec 27, 2022
Caesarstone Ltd. (CSTE)
6-K
2022-12-27
For: 2022-12-27
View Original
Added on
April 12, 2026
About this 6-K
Caesarstone Ltd filed this 6-K on December 27, 2022.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of December 2022
Commission File Number: 001-35464
Caesarstone Ltd.
(Translation of registrant’s name into English)
Kibbutz Sdot Yam
MP Menashe
Israel 3780400
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): __
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): __
EXPLANATORY NOTE
On December 24, 2022, in response to press inquiries in Israel, the Company confirmed, that as a global operating company affected
by global market conditions and fluctuations, it is taking steps to adjust its operations to address the ongoing slowdown in demand for kitchen countertops among private consumers as well as commercial projects around the world. The Company has
implemented a plan to improve its efficiency. This consists of several actions, including a completed reduction of approximately 10% its global head-count, a portion of that in Israel, with the majority of the reduction spread across our
facilities around the world. In addition, Company is taking other steps to improve its operational efficiency, including increase prices, focus on growth and others. Company to stressed that Caesarstone® is a strong globally recognized brand with
high trust by consumers and business partners, which it believes will in better addressing the coming period.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.
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CAESARSTONE LTD.
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Date: December 27, 2022
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By:
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/s/ Ron Mosberg
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Name: Ron Mosberg
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Title: General Counsel & Corporate Secretary
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