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Turners Automotive Group Ltd ( (AU:TRA) ) just unveiled an update.
Turners Automotive Group Limited has announced the strike price for its Dividend Reinvestment Plan (DRP) at NZ$7.18 per share, applicable to the dividend payable on 30 October 2025. This price was determined based on the volume weighted average sale price of TRA shares on the NZX Main Board, with a 2% discount applied. This announcement reflects Turners’ strategic financial management and offers shareholders an opportunity to reinvest dividends at a favorable rate, potentially enhancing shareholder value and market confidence.
More about Turners Automotive Group Ltd
Turners Automotive Group Limited is a leading integrated financial services group operating primarily in the automotive sector. It is listed on the NZX Top 50, indicating its significant presence in the New Zealand market.
Average Trading Volume: 239
Technical Sentiment Signal: Buy
Current Market Cap: A$584.7M
For an in-depth examination of TRA stock, go to TipRanks’ Overview page.