ARB Corporation Limited (AU:ARB) has released an update.
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Bennelong Funds Management Group has reduced its stake in ARB Corporation Limited, with its voting power dropping from 12.57% to 11.52%. This change was due to the sale of 781,435 ordinary shares in the company, reflecting a strategic adjustment in its investment portfolio. This move may attract attention from investors monitoring the stock market for shifts in major shareholders’ positions.
For further insights into AU:ARB stock, check out TipRanks’ Stock Analysis page.