BUZZ-Australia's CAR Group tumbles on ex-dividend trade

Reuters
14 Mar
BUZZ-Australia's CAR Group tumbles on ex-dividend trade

** Shares of CAR Group CAR.AX drop 3.2% to A$33.05, their lowest levels since August 9, 2024

** CAR stock is top loser in the S&P/ASX 200 .AXJO benchmark index

** Stock trades ex-dividend

** The auto-listings firm had announced an interim dividend of 38.5 Australian cents apiece last month

** CAR stock down 8.3% YTD, including the day's move

(Reporting by Aaditya Govind Rao in Bengaluru)

((Aaditya.govindrao@thomsonreuters.com;))

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