Ituran Location and Control to repurchase shares

Ituran Location and Control Ltd. (Nasdaq: ITRN), provider of stolen vehicle recovery and tracking services, said today that it will repurchase up to $9 million in shares.

Shares of Ituran (ITRN) gained 3.76%, or $0.38, to $10.49 ahead of the opening. Shares of Ituran have been trading in the range of $9.62 to $15.80 for the past 52 weeks.

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