ARB announces share issue price

Company News

by Rachael Jones

Four-wheel drive accessories manufacturer and retailer ARB (ASX:ARB) has announced that a total of 175,177 ordinary fully paid shares were issued under the company’s dividend reinvestment plan and bonus share plan on 19 October 2018.

Issue price or consideration is $17.70

The total number of ordinary fully paid shares quoted on the ASX is 79,531,777, including the issue of ordinary fully paid shares announced 21 December 2018 and the shares issued.

Shares in ARB (ASX:ARB) are trading 0.33 per cent lower at $15.25.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.