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Turners Automotive Group Ltd ( (AU:TRA) ) has issued an update.
Turners Automotive Group Limited has announced the issuance of 50,000 new ordinary shares following the exercise of share options under their Option Plan. This exercise reduces the number of unlisted share options by 50,000, leaving 100,000 unlisted options remaining. The issuance represents a minor increase in the total class of financial products, reflecting a 0.0551% increase, and is part of the company’s ongoing capital management strategy.
More about Turners Automotive Group Ltd
Turners Automotive Group Limited is an integrated financial services group primarily operating in the automotive sector.
Average Trading Volume: 168
Technical Sentiment Signal: Buy
Current Market Cap: A$609.4M
For a thorough assessment of TRA stock, go to TipRanks’ Stock Analysis page.