ITURAN LOCATION AND CONTROL LTD Announces Dividend Distribution of $10 Million for the Second Quarter of 2025
Dividend Announcement: Ituran Location and Control Ltd. will distribute a cash dividend of $0.50 per share, totaling approximately $10 million, to shareholders on record as of September 25, 2025, with payment scheduled for October 10, 2025.
Company Overview: Ituran is a leader in mobility technology, specializing in location-based services and telematics, with over 2.5 million subscribers across more than 20 countries and a significant presence in Israel and Latin America.
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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.
