ITURAN LOCATION AND CONTROL LTD Announces Dividend Distribution of $10 Million for the Second Quarter of 2025
Ituran Location and Control (NASDAQ: ITRN) has declared a quarterly dividend of $0.50 per share, totaling approximately $10 million. The dividend will be paid on October 10, 2025, to shareholders of record as of September 25, 2025, with a 25% tax rate.
The company's financial position remains strong with $88.7 million in cash balance as of June 30, 2025, $132.9 million in current assets (excluding cash), and $98.3 million in current liabilities. Retained earnings will decrease from $234.3 million to $224.3 million after the distribution. The Board confirmed that this distribution will not affect the company's business operations or future plans.
Ituran Location and Control (NASDAQ: ITRN) ha annunciato un dividendo trimestrale di $0,50 per azione, per un ammontare complessivo di circa $10 milioni. Il dividendo sar脿 pagato il 10 ottobre 2025 agli azionisti registrati al 25 settembre 2025, con una ritenuta fiscale del 25%.
La situazione finanziaria dell'azienda resta solida, con un saldo di cassa di $88,7 milioni al 30 giugno 2025, $132,9 milioni in attivit脿 correnti (escluse le disponibilit脿 liquide) e $98,3 milioni di passivit脿 correnti. Gli utili portati a nuovo diminuiranno da $234,3 milioni a $224,3 milioni dopo la distribuzione. Il Consiglio ha confermato che questa distribuzione non influenzer脿 le operazioni aziendali n茅 i piani futuri.
Ituran Location and Control (NASDAQ: ITRN) ha declarado un dividendo trimestral de $0,50 por acci贸n, por un total aproximado de $10 millones. El dividendo se pagar谩 el 10 de octubre de 2025 a los accionistas inscritos al 25 de septiembre de 2025, con una retenci贸n fiscal del 25%.
La posici贸n financiera de la compa帽铆a sigue siendo s贸lida, con un saldo de efectivo de $88,7 millones al 30 de junio de 2025, $132,9 millones en activos corrientes (excluyendo efectivo) y $98,3 millones en pasivos corrientes. Las ganancias retenidas se reducir谩n de $234,3 millones a $224,3 millones tras la distribuci贸n. El Consejo confirm贸 que esta distribuci贸n no afectar谩 las operaciones comerciales ni los planes futuros de la empresa.
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須岇偓鞚� 鞛 靸來儨電� 瓴“頃╇媹雼�. 2025雲� 6鞗� 30鞚� 旮办 順勱笀 鞛旍暋鞚� $88.7氚彪, 順勱笀 鞝滌櫢 鞙犽彊鞛愳偘鞚� $132.9氚彪, 鞙犽彊攵�毂勲姅 $98.3氚彪鞛呺媹雼�. 氚半嫻 歆�旮� 頉� 鞚挫澋鞛夓棳旮堨潃 $234.3氚彪鞐愳劀 $224.3氚彪鞙茧 臧愳唽頃� 瓴冹瀰雼堧嫟. 鞚挫偓須岆姅 鞚措矆 攵勲鞍臧� 須岇偓鞚� 鞓侅梾鞚措倶 頄ロ泟 瓿勴殟鞐� 鞓來枼鞚� 氙胳箻歆� 鞎婌潉 瓴冹澊霛缄碃 頇曥澑頄堨姷雼堧嫟.
Ituran Location and Control (NASDAQ: ITRN) a d茅clar茅 un dividende trimestriel de 0,50 $ par action, pour un montant total d'environ 10 millions de dollars. Le dividende sera vers茅 le 10 octobre 2025 aux actionnaires inscrits au registre au 25 septembre 2025, avec un taux d'imposition de 25%.
La situation financi猫re de la soci茅t茅 demeure solide, avec un solde de tr茅sorerie de 88,7 millions de dollars au 30 juin 2025, 132,9 millions de dollars d'actifs courants (hors tr茅sorerie) et 98,3 millions de dollars de passifs courants. Les b茅n茅fices non distribu茅s passeront de 234,3 millions de dollars 脿 224,3 millions de dollars apr猫s la distribution. Le conseil d'administration a confirm茅 que cette distribution n'affectera pas les activit茅s de l'entreprise ni ses projets futurs.
Ituran Location and Control (NASDAQ: ITRN) hat eine Quartalsdividende von $0,50 pro Aktie angek眉ndigt, insgesamt etwa $10 Millionen. Die Dividende wird am 10. Oktober 2025 an die zum 25. September 2025 im Aktienregister eingetragenen Aktion盲re ausgezahlt, mit einem Steuersatz von 25%.
Die Finanzlage des Unternehmens bleibt solide: zum 30. Juni 2025 betrug der Kassenbestand $88,7 Millionen, die kurzfristigen Verm枚genswerte (ohne Zahlungsmittel) $132,9 Millionen und die kurzfristigen Verbindlichkeiten $98,3 Millionen. Die einbehaltenen Gewinne werden sich nach der Aussch眉ttung von $234,3 Millionen auf $224,3 Millionen verringern. Der Vorstand best盲tigte, dass diese Aussch眉ttung die Gesch盲ftst盲tigkeit oder die zuk眉nftigen Pl盲ne des Unternehmens nicht beeintr盲chtigen wird.
- Strong cash position of $88.7 million with no outstanding bank credit
- Healthy retained earnings of $234.3 million before distribution
- Current assets ($132.9M) significantly exceed current liabilities ($98.3M)
- None.
AZOUR,
In its decision to approve the distribution of the cash dividend, the Board of Directors examined whether the Company meets the distribution criteria according to Israeli law. The Board of Directors concluded that the above-mentioned distribution will not undermine the Company's ability to keep performing in its current course of business or future plans, and is able to meet its undertakings when due.
Retained earnings as of June 30, 2025, prior to the distribution was US
About Ituran
Ituran is a leader in the emerging mobility technology field, providing value-added location-based services, including a full suite of services for the connected-car. Ituran offers Stolen Vehicle Recovery, fleet management as well as mobile asset location, management & control services for vehicles, cargo and personal security for the retail, insurance industry and car manufacturers. Ituran is the largest OEM telematics provider in
Ituran's subscriber base has been growing significantly since the Company's inception to over 2.5 million subscribers using its location-based services with a market leading position in
For more information, please visit Ituran's website, at:
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Company Contact Udi Mizrahi Deputy CEO &VP Finance, Ituran ( | International Investor Relations Ehud Helft EK Global Investor Relations (US) +1 212 378 8040听 |
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SOURCE Ituran Location and Control Ltd.
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