Ituran Location And Control (ITRN) has released an update.
Ituran Location and Control Ltd. has announced a significant return to shareholders with a $0.39 per share dividend, totaling around $8 million, to be paid on July 2, 2024. The company confirmed that this distribution aligns with Israeli law requirements and will not affect its operational capability or future plans, maintaining a strong financial position with substantial retained earnings and cash balance.
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