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Tower Limited ( (AU:TWR) ) has provided an announcement.
Tower Limited has applied for quotation on the ASX of 859,288 additional ordinary fully paid shares, to be listed as foreign exempt NZX securities under the code TWR. The new securities, issued on 29 January 2026 as a result of the exercise or conversion of existing options or other convertible instruments, will modestly increase the company’s free float and tradable equity base, offering incremental liquidity to shareholders and reinforcing Tower’s access to Australian capital markets.
More about Tower Limited
Tower Limited is a foreign exempt issuer on the NZX and is listed on the ASX under the code TWR, indicating its operations are centred in New Zealand while accessing Australian capital markets. The company’s ordinary fully paid shares are the main class of securities traded, positioning Tower within the broader Australasian equity investment universe.
Average Trading Volume: 95,614
Technical Sentiment Signal: Buy
Current Market Cap: A$555.8M
For an in-depth examination of TWR stock, go to TipRanks’ Overview page.