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Turners Automotive Sets DRP Strike Price at NZ$5.66

Story Highlights
  • Turners Automotive operates in the automotive sector as an integrated financial services group.
  • The company set its DRP strike price at NZ$5.66, reflecting a strategic shareholder engagement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Turners Automotive Sets DRP Strike Price at NZ$5.66

Elevate Your Investing Strategy:

Turners Automotive Group Ltd ( (AU:TRA) ) has provided an update.

Turners Automotive Group Limited has announced the strike price for its Dividend Reinvestment Plan (DRP) at NZ$5.66 per share, applicable to the dividend payable on 29 April 2025. This price reflects a 2% discount on the volume weighted average sale price of TRA shares over a five-day trading period, indicating a strategic move to potentially enhance shareholder value and market engagement.

More about Turners Automotive Group Ltd

Turners Automotive Group Limited is an integrated financial services group primarily operating in the automotive sector and is listed as a NZX Top 50 company.

YTD Price Performance: 9.13%

Average Trading Volume: 285

Technical Sentiment Signal: Sell

Current Market Cap: A$480.8M

See more data about TRA stock on TipRanks’ Stock Analysis page.

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