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Director’s Share Acquisition at ARB Corporation Limited

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Director’s Share Acquisition at ARB Corporation Limited

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ARB Corporation ( (AU:ARB) ) has issued an announcement.

ARB Corporation Limited announced a change in the director’s interest, with Shona Maree Faber acquiring 1,000 ordinary fully paid shares through an on-market purchase at $30.8934 per share. This acquisition reflects a potential increase in confidence or alignment with the company’s strategic direction, potentially impacting shareholder perceptions and market positioning.

The most recent analyst rating on (AU:ARB) stock is a Buy with a A$45.40 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, focusing on the production and distribution of 4×4 accessories. The company is known for its range of products that enhance vehicle performance and utility, catering primarily to off-road enthusiasts and adventure seekers.

Average Trading Volume: 202,902

Technical Sentiment Signal: Sell

Current Market Cap: A$2.55B

For a thorough assessment of ARB stock, go to TipRanks’ Stock Analysis page.

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