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) ) just unveiled an announcement.
CAR Group Limited has applied to the ASX for quotation of 11,096 new ordinary fully paid shares issued on 1 May 2026. The securities were issued under an employee incentive scheme and are not subject to transfer restrictions, slightly increasing the company’s free float and reinforcing the use of equity-based remuneration to align staff with shareholder interests.
The most recent analyst rating on (AU:CAR) stock is a Buy with a A$32.00 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 is an Australian-listed company on the ASX, operating under the ticker CAR. The group is involved in the automotive-related sector, with its business centered on providing services connected to cars, likely including online platforms or related automotive marketplace activities.
Average Trading Volume: 1,972,172
Technical Sentiment Signal: Sell
Current Market Cap: A$9.57B
Learn more about CAR stock on TipRanks’ Stock Analysis page.