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6-K

Ituran Location & Control Ltd. (ITRN)

6-K 2026-05-26 For: 2026-05-26
View Original
Added on July 04, 2026

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

________________________

FORM6-K

REPORT OF FOREIGN ISSUERPURSUANT TO RULE 13a-16 OR 15d-16 OF THESECURITIES EXCHANGE ACT OF 1934

May 26, 2026

Commission File Number: 001-32618

Ituran Locationand Control Ltd.

(Exact name of Registrant as specified in itsCharter)

________________________

3 Hashikma Street, Azour 58001, Israel

(Address of Registrant’s principal executiveoffices)

________________________

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒    Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (1):
Yes ☐  No ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (7):
Yes ☐ No ☒
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ☐ No ☒
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): ______
99.1 On May 26, 2026, Ituran Location and Control Ltd.<br>issued a press release announcing the dividend record date. A copy of this press release is annexed hereto as Exhibit 99.1.
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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

ITURAN LOCATION & CONTROL LTD.<br><br> <br>(Registrant)
By: /s/ Eyal Sheratzky
Name: Eyal Sheratzky
Title: Co-Chief Executive Officer

Date: May 26, 2026

EXHIBIT INDEX

Exhibit Item
99.1 Press Release, dated May 26*,* 2026, announcing the dividend record date.

Exhibit 99.1

****

ITURAN LOCATIONAND CONTROL LTD

Announces DividendDistribution of $10 Million for the First Quarter of 2026

Azour, Israel, May 26, 2026 – 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 24, 2026. The Company will pay the dividend out on July 8, 2026, net of taxes at the rate of 20% (a lower rate than standard) as the dividend is distributed from "Preferred Income" and/or "Preferred Technological Income", as defined under the Encouragement of Capital Investment Law and the provisions of a tax ruling (the “Ruling”) received from the Israel Tax Authority (the “ITA”) with respect to the tax withholding rate upon dividend distribution.

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, 2026, prior to the distribution were US$ 231.3 million and retained earnings will reach US$ 221.3 million after the distribution. The Board of Directors emphasized that as of March 31, 2026, the Company had a cash balance in hand of US$ 108.0 million (this amount is prior to the payment of a dividend of approximately US$30 million which was declared for the fourth quarter 2025 and was paid out in April 2026). The Company had no outstanding credit from banking institutions. As of March 31, 2026, the Company’s current assets (excluding cash and cash equivalents) were in the sum of US$141.0 million and current liabilities were in the sum of US$ 131.3 million.

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 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 2.6 million subscribers using its location-based services with a market leading position in Israel and Latin America. Established in 1995, Ituran has approximately 2,900 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: www.ituran.com

CompanyContact<br><br> <br>Udi Mizrahi<br><br> <br>[email protected]<br><br> <br>Deputy CEO &VP Finance, Ituran<br><br> <br>(Israel) +972 3 557 1348 InternationalInvestor Relations<br><br> <br>Ehud Helft<br><br> <br><br><br> <br>[email protected]<br><br> <br>EK Global Investor Relations<br><br> <br>(US) +1 212 378 8040