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Tower Limited Announces Bain Capital Share Allocation and Trading Resumption

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The latest announcement is out from Tower Limited ( (AU:TWR) ).

Tower Limited has announced that Bain Capital has allocated its entire shareholding of 68,306,802 shares in Tower to investors. Following this allocation, Tower has requested the lifting of the trading halt on the NZX and ASX exchanges, effective from the opening of trading on April 1, 2025, which could influence market activity and investor sentiment.

More about Tower Limited

YTD Price Performance: 15.19%

Average Trading Volume: 38,734

Technical Sentiment Signal: Sell

Current Market Cap: A$461.6M

For a thorough assessment of TWR stock, go to TipRanks’ Stock Analysis page.

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