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AFI Acquires Substantial Holding in ARB Corporation

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AFI Acquires Substantial Holding in ARB Corporation

ARB Corporation Limited ( (AU:ARB) ) just unveiled an announcement.

ARB Corporation Limited has announced that Australian Foundation Investment Company Limited (AFI) has become a substantial holder of its shares. AFI now holds a 5.03% voting power in ARB Corporation, which translates to 4,176,818 ordinary shares, potentially impacting the company’s shareholder dynamics and market positioning.

More about ARB Corporation Limited

YTD Price Performance: -17.58%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.77B

Learn more about ARB stock on TipRanks’ Stock Analysis page.

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