Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
CAR Group ( (AU:CAR) ) has issued an announcement.
CAR Group Limited has applied to the ASX for quotation of 47,705 new fully paid ordinary shares following the exercise of options or conversion of other securities, with an issue date of March 5, 2026. The relatively small share issuance marginally increases CAR’s listed capital base and reflects ongoing employee or investor equity participation, with limited immediate dilution but incremental support for the company’s capital structure and trading liquidity.
The most recent analyst rating on (AU:CAR) stock is a Hold with a A$25.00 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, listed on the ASX under the code CAR, operates in the automotive classifieds and related digital services sector, connecting buyers, sellers and dealers through its online platforms. The company focuses on automotive marketplaces and associated services for consumers and commercial partners in Australia and other markets.
Average Trading Volume: 1,685,976
Technical Sentiment Signal: Sell
Current Market Cap: A$8.79B
Find detailed analytics on CAR stock on TipRanks’ Stock Analysis page.