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Transurban Group

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Market:
ASX
Market Cap:
$41.35 billion
Price
15.13 AUD
Change
-1.37%
52 weeks high
16.06
52 weeks low
11.20

In brief

Transurban Group is engaged in the business of ownership, development and operation of toll roads, and the investigation of possible investment opportunities in toll roads. In Australia, Transurban has a stake in five out of Sydney’s nine motorways, and in Melbourne it is the full owner of CityLink, which connects three of the city’s freeways. In United States, the Company owns Pocahontas 895 in Richmond, Virginia. In Northern Virginia, just south of Washington, DC, Transurban is involved in a project creating High Occupancy Toll (HOT) lanes on the Capital Beltway (495). On September 14 2007, Transurban acquired an additional 3.75% of the Airport Motorway Group (AMG).