ARB Co. Limited (ARB) Insider Roger Brown Sells 2,000,000 Shares

ARB Co. Limited (ASX:ARB) insider Roger Brown sold 2,000,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of A$18.50 ($13.12), for a total transaction of A$37,000,000.00 ($26,241,134.75).

ARB opened at A$18.27 ($12.96) on Friday. The company has a market capitalization of $1.46 billion and a P/E ratio of 26.44. ARB Co. Limited has a 12 month low of A$14.55 ($10.32) and a 12 month high of A$23.94 ($16.98). The company has a quick ratio of 1.01, a current ratio of 3.45 and a debt-to-equity ratio of 0.77.

The firm also recently disclosed a Interim dividend, which was paid on Thursday, April 18th. Investors of record on Thursday, April 18th were issued a $0.185 dividend. This represents a yield of 1.12%. The ex-dividend date of this dividend was Wednesday, April 3rd. ARB’s dividend payout ratio (DPR) is presently 54.99%.

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ARB Company Profile

ARB Corporation Limited designs, manufactures, distributes, and sells motor vehicle accessories and light metal engineering works in Australia, the United States, Thailand, the Middle East, and Europe. The company provides bull bars and protection equipment, including summit, alloy, deluxe, and commercial bull bars, as well as summit and deluxe sahara bars; and nudge and smart bars.

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