It’s a new chef and starts an Aktienrückkaufprogramm from Investing.com

LIBERTY LAKE, WA – Itron, Inc. (NASDAQ:ITRI), a specialist in trading and testing instruments for the electrical industry, has appointed David M. Wright to become Vice President, Corporate Controller & Chief Accounting Officer.

Der Vorstand with diese Entscheidung am Donnerstag. Wright, who joined in 2018, was named Vice President and Corporate Controller in May 2019.

Wright, 54, is one of the U.S. federal states of Washington that has a Wirtschaftsprüfer. In the new position, the role of “principal accounting officer” for Itron is governed by the Securities Act of 1933 and the Securities Exchange Act of 1934. This statement remained with Joan S. Hooper, the Senior Vice President and Chief Financial Officer of the Unternehmens .

In parallel, the Vorstand von Itron is a new Aktienrückkaufprogramm. The latter have owned a company worth US$100 million within a period of 18 months. The Rückkäufe sollen am insult Markt ergolgen, möglicherweise under Nutzung von Rule 10b5-1-Plänen, and im Einklang with geltenden Wertvuurgesetzen stehen. Zeitpunkt und Umfang der Rückkäufe hängen von Marktbedingungen and others Factors ab en können ohne Vorankündigung started or were becoming.

In other cases, Itron Inc. reports a 13% increase in the second quarter, with reorganization management in the Bereichen Network Solutions and Outcomes. The upgrade file of the rest can be estimated at a value of $4.1 million, but its value in a quarter is a belief of $447 million.

CEO Tom Deitrich demonstrates the companies’ commitment to the modernization and broader state of affairs of Stromnetzen, including through more extreme conditions.

Itron’s Grid Edge Intelligence platform is a technology for comprehensive transparency and control at the grid edge. Partnerships with GE, Vernova and Schneider have followed the technology transition as advantageous examples. If a portion of the grid contains a $1 billion pipeline, the Grid Edge Intelligence platform will be the largest previous U.S. Army.

For the Zukunft rechnet Itron with a Konzentration der Auftragseingänge in der Zweiten Jahreshälfte and strebt ein jährliches Book-to-Bill-Verhältnis of minds eins zu eins an. It is expected that the US economy will have normalized by 2024 and 2025 to a level of 125 million US dollars.

InvestingPro Introduction

Why Itron, Inc. (NASDAQ:ITRI) has formed an entrepreneurial team and launched a new Aktienrückkauf program, enabling investors to grow their companies’ financial wealth and market position. Laut InvestingPro believes Itron’s market cap at $4.82 billion was the best position among investors in the industry. With a short-term profit ratio (WGR) of 26 and a WGR of 25.1 for the last month of the month to Q2 2024, the rating can be made for a more attractive purchase, without taking into account the 22.16% seasonality expectations.

InvestingPro-Tipps we are convinced that the analysts in their profit forecasts for the coming period after the profit correction had a potentially optimal optimism about the later economic development. If you receive a message, it is so that the cash flows of the foreign economies provide a comfortable advantage. This financial stability in the long term, while Itrons’ liquid assets kept their liabilities intact, were a solid liquidity position in retrospect. The fact that it was traded on 52-Wochen-Hoch, with a price of 94.48% of the highs, was one of the most striking young market performances on the market.

For investors, who will perform part of the analysis, 8 other InvestingPro tips regarding the financial and market position of the company can be used. These Kennzahlen and Tipps can work for Anleger, the Itrons Aktie focuses on the strategic development of the company’s step in Betracht zienhen, von besonderem Wert sein.

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