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CAR Group ( (AU:CAR) ) has provided an announcement.
CAR Group Limited has announced the issuance of 5,588 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its market presence and provide additional value to its stakeholders by increasing the liquidity of its shares.
The most recent analyst rating on (AU:CAR) stock is a Buy with a A$42.00 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 in the automotive industry, focusing on providing automotive-related services and products. The company is known for its market presence in the automotive sector, offering a range of services that cater to various stakeholders within the industry.
Average Trading Volume: 810,044
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$13.99B
For an in-depth examination of CAR stock, go to TipRanks’ Overview page.