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Turners Automotive Group Ltd ( (AU:TRA) ) has issued an announcement.
Turners Automotive Group has issued a total of 180,849 new ordinary shares, comprising 130,849 shares under its Dividend Reinvestment Plan for the second quarter FY26 dividend and 50,000 shares from the exercise of employee share options. The capital increase, representing about 0.199% of shares on issue and bringing the total to 91,025,265 ordinary shares, modestly expands the company’s equity base while reducing unlisted share options to 50,000, reflecting ongoing use of equity-based incentives and continued shareholder uptake of the dividend reinvestment scheme.
More about Turners Automotive Group Ltd
Turners Automotive Group Limited is an integrated financial services group primarily operating in the automotive sector, offering a range of automotive-related products and services in the New Zealand market.
Average Trading Volume: 350
Technical Sentiment Signal: Buy
Current Market Cap: A$666.5M
Learn more about TRA stock on TipRanks’ Stock Analysis page.