ARB Corporation Limited ( (AU:ARB) ) has shared an announcement.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in ARB Corporation Ltd as of February 28, 2025. This change in substantial holding is due to the purchase of securities by entities controlled by First Sentier Investors Holdings Pty Ltd and Morgan Stanley, affecting a total of 40,009 fully paid ordinary shares. The announcement indicates a shift in the voting interests and ownership structure within ARB Corporation Ltd, potentially impacting the company’s governance and decision-making processes.
More about ARB Corporation Limited
YTD Price Performance: -1.75%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.04B
For a thorough assessment of ARB stock, go to TipRanks’ Stock Analysis page.