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The latest announcement is out from Turners Automotive Group Ltd ( (AU:TRA) ).
Turners Automotive Group Limited has applied for quotation on the ASX of 130,849 ordinary fully paid shares, classified as foreign exempt NZX securities, effective 29 January 2026. The new shares, issued under a dividend or distribution plan, modestly increase the company’s quoted capital and may enhance trading liquidity for existing shareholders across its dual-listing structure, though the scale suggests limited immediate impact on control or overall capital structure.
More about Turners Automotive Group Ltd
Turners Automotive Group Limited operates in the automotive industry, focusing on the sale and financing of motor vehicles. The company is listed on the ASX under the code TRA and is also a foreign exempt issuer on the NZX, reflecting its cross-border market presence.
Average Trading Volume: 350
Technical Sentiment Signal: Buy
Current Market Cap: A$666.5M
For detailed information about TRA stock, go to TipRanks’ Stock Analysis page.