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 provided an update.
CAR Group Limited has set the issue price for shares to be allocated under its Dividend Reinvestment Plan at $23.409 per share for the FY26 interim dividend. The price was calculated using the volume weighted average daily price of CAR Group shares traded on the ASX over the period from 17 March 2026 to 23 March 2026.
The announcement provides clarity for investors choosing to reinvest their dividends in equity rather than take cash, effectively locking in the valuation basis for this distribution cycle. This may support shareholder participation in the plan and underscores CAR Group’s ongoing use of the DRP as a capital management tool in the context of its global online vehicle marketplace operations.
The most recent analyst rating on (AU:CAR) stock is a Hold with a A$24.50 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 a global digital marketplace business focused on improving the buying and selling experience for vehicles. The company provides technology and advertising solutions for online vehicle marketplaces across automotive, commercial, industrial, and leisure categories in markets including Australia, South Korea, the United States, Chile, and Brazil.
Average Trading Volume: 1,690,167
Technical Sentiment Signal: Sell
Current Market Cap: A$8.79B
Find detailed analytics on CAR stock on TipRanks’ Stock Analysis page.