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Yahoo
28-05-2025
- Business
- Yahoo
ITURAN LOCATION AND CONTROL LTD Announces Dividend Distribution of $10 Million Declared for the First Quarter of 2025
AZOUR, Israel, May 28, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN) announced that the Board of Directors approved the distribution of a cash dividend in the amount of $0.50 per share, totaling approximately US$ 10 million. The dividend will be paid to shareholders of record as of June 18, 2025. The Company will pay the dividend out on July 2, 2025, net of taxes at the rate of 25%. 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 March 31, 2025, prior to the distribution was US$ 230.7 million and retained earnings will reach US$ 220.7 million after the distribution. The Board of Directors emphasized that as of March 31, 2025, the Company had a cash balance in hand of US$ 75.7 million (this amount is prior to the payment of a dividend of approximately US$ 10 million which was issued for the fourth quarter 2024 and was paid out in April 2025). The Company had no credit from banking institutions. As of March 31, 2025, the Company's current assets (excluding cash and cash equivalents) were in the sum of US$ 125.7 million and current liabilities were in the sum of US$ 93.3 million. About IturanIturan 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 Latin America. Its products and applications are used by customers in over 20 countries. Ituran is also the founder of the Tel-Aviv based DRIVE startup incubator to promote the development of smart mobility technology. 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 Israel and Latin America. Established in 1995, Ituran has approximately 2,800 employees worldwide, with offices in Israel, Brazil, Argentina, Mexico, Ecuador, Columbia, India, Canada and the United States. For more information, please visit Ituran's website, at: Company Contact Udi Mizrahi udi_m@ Deputy CEO &VP Finance, Ituran (Israel) +972 3 557 1348 International Investor Relations Ehud Helft ituran@ EK Global Investor Relations (US) +1 212 378 8040 Logo: View original content: SOURCE Ituran Location and Control Ltd. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-03-2025
- Business
- Yahoo
Allot Files Annual Report on Form 20-F for the Year Ended December 31, 2024
HOD HASHARON, Israel, March 27, 2025 /PRNewswire/ -- Allot Ltd. (Nasdaq: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission ("SEC"). The annual report on Form 20-F, which contains its audited financial statements, can be accessed on the SEC's website at as well as on the Company's investor relations website at The Company will deliver a hard copy of its annual report on Form 20-F, including its complete audited financial statements, free of charge, to its shareholders upon request to rkolevsohn@ About Allot Allot Ltd. (Nasdaq: ALLT, TASE: ALLT) is a provider of leading innovative converged cybersecurity solutions and network intelligence for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network-native cybersecurity services, network and application analytics, traffic control and shaping, and more. Allot's multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1,000 enterprises. Our industry-leading network-native security-as-a-service solution is already used by many millions of subscribers globally. Allot. See. Control. Secure. Investor Relations Contact: EK Global Investor Relations Ehud Helft +1 212 378 8040 allot@ Public Relations Contact: Seth Greenberg, Allot Ltd. +972 54 922 2294 sgreenberg@ Logo: View original content: SOURCE Allot Ltd.
Yahoo
06-02-2025
- Automotive
- Yahoo
ITURAN LOCATION AND CONTROL LTD. SCHEDULES FOURTH QUARTER & FULL YEAR 2024 RESULTS RELEASE AND CONFERENCE CALL FOR FEBRUARY 26, 2025
Conference Call Scheduled at 10am Eastern Time AZOUR, Israel, Feb. 6, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its fourth quarter and full year 2024 results on Wednesday, February 26, 2025. The Company will be hosting a video conference call later that day via Zoom, starting at 10am Eastern Time, 7am Pacific Time and 5pm Israel time. On the call, management will review and present the results and will be available to answer investor questions. To participate in the Zoom call, please register at the following link: Following registration, you will be sent the link to the conference call which is accessible either via the Zoom app, or alternatively from a dial-in telephone number. If you have an issue with registration, please contact the Ituran investor relations team, well in advance of the call. For those unable to participate, the call will be available for replay through the same link, or from a link to the recording on Ituran's website, beginning within a few hours following the end of the call. 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, financing industries and car manufacturers. Ituran is the largest OEM telematics provider in Latin America. Its products and applications are used by customers in over 20 countries. Ituran is also the founder of the Tel-Aviv based DRIVE startup incubator to promote the development of smart mobility technology. Ituran's subscriber base has been growing significantly since the Company's inception to almost 2.5 million subscribers using its location-based services with a market leading position in Israel and Latin America. Established in 1995, Ituran has approximately 2,800 employees worldwide, with offices in Israel, Brazil, Argentina, Mexico, Ecuador, Columbia, India, Canada and the United States. For more information, please visit Ituran's website, at: Logo: Company ContactUdi Mizrahiudi_m@ Deputy CEO and VP Finance, Ituran(Israel) +972 3 557 1348 International Investor Relations Ehud Helft ituran@ EK Global Investor Relations(US) +1 212 378 8040 View original content: SOURCE Ituran Location and Control Ltd. Sign in to access your portfolio
