Turners Boosts Employee Ownership with Share Scheme
Company Announcements

Turners Boosts Employee Ownership with Share Scheme

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

Turners Automotive Group Ltd has successfully increased employee investment through its 2024 Employee Share Scheme, with a significant 53% of its team now shareholders. The scheme, which offers a generous $1,500 in shares for a $1,000 employee investment after three years, has led to the issuance of 70,352 new shares, amounting to 0.08% of the company’s capital. This initiative underscores Turners’ commitment to fostering an ownership culture and high engagement levels among its staff.

For further insights into AU:TRA stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App