---
title: "ARB Director Increases Indirect Shareholding via Dividend Reinvestment Plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283786687.md"
description: "ARB Corporation has announced that director Adrian Fitzpatrick has increased his indirect shareholding from 3,500 to 3,636 shares through the company's dividend reinvestment plan. This change reflects small acquisitions made without any on-market trades, indicating alignment with shareholder interests. The transactions were conducted via a superannuation structure, ensuring adherence to governance protocols. The latest analyst rating for ARB stock is a Hold, with a price target of A$21.80. ARB Corporation specializes in manufacturing aftermarket 4×4 accessories and operates in the automotive sector."
datetime: "2026-04-23T07:53:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283786687.md)
  - [en](https://longbridge.com/en/news/283786687.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283786687.md)
generator: "portal-rs"
---

# ARB Director Increases Indirect Shareholding via Dividend Reinvestment Plan

### Claim 30% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

ARB Corporation ( (AU:ARB) ) has shared an update.

ARB Corporation has disclosed a change in director Adrian Fitzpatrick’s indirect interest in the company’s ordinary shares, reflecting incremental acquisitions through the firm’s dividend reinvestment plan. The director’s indirect holding rose from 3,500 to 3,636 shares via small DRP allocations across several dates, indicating continued alignment of board and shareholder interests without any on-market trades or disposals.

The transactions were executed through a superannuation structure, with BNP Paribas Nominees acting as registered holder on behalf of the Fitzpatrick Superannuation Fund. The company noted that no trades occurred during a closed period, suggesting adherence to governance protocols and reinforcing transparency around director dealings for investors and regulators.

The most recent analyst rating on (AU:ARB) stock is a Hold with a A$21.80 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 is an Australian-listed company that operates in the automotive sector. It is known for manufacturing and supplying aftermarket 4×4 accessories and related automotive equipment, serving both domestic and international markets focused on off-road and recreational vehicles.

**Average Trading Volume:** 405,273

**Technical Sentiment Signal:** Sell

**Current Market Cap:** A$1.7B

Learn more about ARB stock on TipRanks’ Stock Analysis page.

### Related Stocks

- [ARB.AU](https://longbridge.com/en/quote/ARB.AU.md)
- [BNPQY.US](https://longbridge.com/en/quote/BNPQY.US.md)

## Related News & Research

- [ARB clarifies dividend and reinvestment pricing for December half-year](https://longbridge.com/en/news/282261221.md)
- [ARB Director Andrew Stott Increases Indirect Shareholding via On-Market Purchase](https://longbridge.com/en/news/278956969.md)
- [Northern Star Resources GAAP EPS of A$0.11, revenue of A$7.62B](https://longbridge.com/en/news/296522899.md)
- [Can Deterra Royalties (ASX:DRR) Justify Its Valuation On Strong FY2026 Results?](https://longbridge.com/en/news/296349201.md)
- [Aurizon Holdings (ASX:AZJ), Why Is Its Latest Update Drawing Attention?](https://longbridge.com/en/news/296393640.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**