This could mean a few things: license plate renewal, name change or an address change. It’s common to see many transactions coming from the motor vehicle department showing this record.
This could also be an indication that the vehicle’s ownership transferred from one dealership to another. Typically, a dealership is not identified as a “new owner” by our participating data sources.
If you are seeing “registration issued or renewed” multiple times in one year, in multiple provinces/states, please see: What does "cloned VIN" mean?