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CAR Group ( (AU:CAR) ) has issued an announcement.
CAR Group Limited has reported a small change in the indirect shareholdings of non-executive director David Wiadrowski through two trustee entities associated with his superannuation fund and family trust. Following the latest issue of securities under the company’s dividend reinvestment plan, Wiadrowski’s combined indirect holdings increased modestly, reflecting ongoing participation in the scheme and slightly higher director alignment with shareholders.
The adjustment saw an additional 258 ordinary shares allocated at a total consideration of $6,039.52, spread across Seven Sails Pty Limited and Drowski Pty Limited as trustees of their respective funds. While the transaction is minor in scale, it underscores continued director engagement in CAR Group’s equity structure and provides incremental transparency for investors monitoring board members’ interests and confidence in the company’s prospects.
The most recent analyst rating on (AU:CAR) stock is a Buy with a A$33.00 price target. To see the full list of analyst forecasts on CAR Group stock, see the AU:CAR Stock Forecast page.
More about CAR Group
CAR Group Limited operates a digital automotive marketplace, offering online platforms and related services that connect car buyers, sellers and dealers. The company focuses on facilitating vehicle sales and associated transactions in the Australian market, leveraging technology to support both retail consumers and professional automotive stakeholders.
Average Trading Volume: 1,909,618
Technical Sentiment Signal: Sell
Current Market Cap: A$9.1B
For an in-depth examination of CAR stock, go to TipRanks’ Overview page.