Ituran announces Q4 dividend distribution of 50c per share, or $10M
Dividend Announcement: Ituran Location and Control's Board of Directors approved a cash dividend of 50 cents per share, amounting to approximately $10 million.
Payment Details: The dividend will be distributed to shareholders on April 3, with a record date of March 20, and will be subject to a 25% tax rate.
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Ituran Signs New OEM Agreement with Renault in Latin America
New Agreement with Renault: Ituran Location and Control Ltd. has signed a three-year service agreement with Renault to provide vehicle telematics services in Latin America, with potential for global expansion.
Growth Potential: The partnership is expected to enhance Ituran's market presence and accelerate subscriber growth, as it aligns with Renault's strategy to offer innovative services to customers.
