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Turners Automotive Group Ltd ( (AU:TRA) ) has shared an update.
Turners Automotive Group has set the strike price for shares issued under its Dividend Reinvestment Plan, relating to the dividend payable on 29 January 2026, at NZ$8.17 per share. The price was determined under the plan’s terms as the five-day volume weighted average price of Turners shares on the NZX Main Board from 9 January 2026, less a 2% discount, providing shareholders with a modestly discounted option to reinvest their dividends and potentially supporting ongoing capital management and market liquidity.
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 on both the NZX and ASX as a NZX Top 50 company. The group’s activities span automotive-related products and services in the New Zealand market.
Average Trading Volume: 350
Technical Sentiment Signal: Buy
Current Market Cap: A$647.7M
Learn more about TRA stock on TipRanks’ Stock Analysis page.