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Turners Automotive Issues New Shares Following Option Exercise

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Turners Automotive Issues New Shares Following Option Exercise

Turners Automotive Group Ltd ( (AU:TRA) ) just unveiled an announcement.

Turners Automotive Group Limited has announced the issuance of 315,230 new ordinary shares following the exercise of 375,000 share options under its Option Plan. This move reduces the number of unlisted share options in the company to 200,000, potentially impacting the company’s market positioning by increasing the total number of ordinary shares to 89,893,783.

More about Turners Automotive Group Ltd

Turners Automotive Group Limited is an integrated financial services group primarily operating in the automotive sector.

YTD Price Performance: 5.77%

Average Trading Volume: 111

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$475.9M

See more insights into TRA stock on TipRanks’ Stock Analysis page.

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