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ARB Corporation ( (AU:ARB) ) has issued an announcement.
ARB Corporation Limited has announced the quotation of 162,933 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of a dividend or distribution plan. This move is expected to enhance the company’s financial flexibility and potentially improve its market position by increasing shareholder value.
The most recent analyst rating on (AU:ARB) stock is a Buy with a A$42.00 price target. To see the full list of analyst forecasts on ARB Corporation stock, see the AU:ARB Stock Forecast page.
More about ARB Corporation
ARB Corporation Limited operates in the automotive industry, specializing in the manufacturing and distribution of 4×4 accessories. The company focuses on providing high-quality products to enhance vehicle performance and durability, catering primarily to off-road enthusiasts and adventure seekers.
Average Trading Volume: 182,137
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.24B
Learn more about ARB stock on TipRanks’ Stock Analysis page.