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An announcement from Eagers Automotive Limited ( (AU:APE) ) is now available.
Eagers Automotive Limited has announced the availability of its Retail Entitlement Offer Booklet, which is part of a 1 for 12 underwritten accelerated non-renounceable pro rata entitlement offer of new fully paid ordinary shares. This offer is open to eligible retail shareholders and aims to raise capital to support the company’s operations. The offer opens on October 8, 2025, and closes on October 27, 2025. The announcement highlights the company’s strategic move to strengthen its financial position and potentially enhance its market presence, with implications for shareholders who are encouraged to review the offer details carefully.
The most recent analyst rating on (AU:APE) stock is a Buy with a A$33.35 price target. To see the full list of analyst forecasts on Eagers Automotive Limited stock, see the AU:APE Stock Forecast page.
More about Eagers Automotive Limited
Eagers Automotive Limited operates in the automotive industry, focusing on the sale of new and used vehicles, as well as providing associated services. The company is listed on the Australian Securities Exchange under the ticker APE and is known for its extensive network of dealerships across Australia.
Average Trading Volume: 463,188
Technical Sentiment Signal: Buy
Current Market Cap: A$9.42B
For an in-depth examination of APE stock, go to TipRanks’ Overview page.