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Turners Automotive Sets DRP Strike Price at NZ$5.26

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Turners Automotive Sets DRP Strike Price at NZ$5.26

The latest announcement is out from Turners Automotive Group Ltd ( (AU:TRA) ).

Turners Automotive Group Limited has announced that the strike price for its Dividend Reinvestment Plan, related to the dividend payable on January 29, 2025, is set at NZ$5.26 per share. This price was determined based on the volume weighted average sale price of the company’s shares over a specified trading period, with a discount applied, reflecting strategic financial management aimed at benefiting shareholders.

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 as a NZX Top 50 company.

YTD Price Performance: 4.17%

Average Trading Volume: 1,046

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$433.4M

See more data about TRA stock on TipRanks’ Stock Analysis page.

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