Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Freightways ( (FTWYF) ) has shared an update.
Freightways Group Limited has applied for quotation on the ASX of 59,190 ordinary fully paid shares under its employee incentive scheme. The new securities, to be traded as FRW and issued on 27 February 2026, expand the company’s listed share capital and reflect ongoing use of equity-based remuneration for staff.
The additional quoted shares may marginally increase market liquidity in FRW on the ASX and further align employee interests with those of shareholders. As the securities are being issued under an incentive scheme without transfer restrictions for quotation, the move supports Freightways’ capital management and employee retention strategies without signalling a broader capital raising.
More about Freightways
Freightways Group Limited is a logistics and courier services company that provides freight and related transportation solutions. The company is listed on both the NZX and ASX, trading under the code FRW, and operates as a foreign exempt issuer on the ASX market.
Find detailed analytics on FTWYF stock on TipRanks’ Stock Analysis page.