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ARB Corporation ( (AU:ARB) ) has shared an announcement.
ARB Corporation Limited announced the application for the quotation of 129,368 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a dividend or distribution plan, potentially enhancing the company’s liquidity and providing more opportunities for investor engagement.
The most recent analyst rating on (AU:ARB) stock is a Buy with a A$42.60 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 and equipment. The company focuses on providing high-quality products for off-road enthusiasts and has a strong market presence in Australia and internationally.
Average Trading Volume: 181,912
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3B
See more insights into ARB stock on TipRanks’ Stock Analysis page.