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Perpetual Limited Acquires Substantial Stake in Reliance Worldwide Corporation

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Perpetual Limited Acquires Substantial Stake in Reliance Worldwide Corporation

Elevate Your Investing Strategy:

An announcement from Perpetual Limited ( (AU:PPT) ) is now available.

Perpetual Limited has become a substantial holder in Reliance Worldwide Corporation Limited (RWC) with a voting power of 5.035%, holding 38,946,857 ordinary shares. This acquisition marks a significant stake for Perpetual Limited, potentially influencing RWC’s future decision-making and strategic direction, thereby impacting stakeholders and the market perception of RWC.

The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.40 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.

More about Perpetual Limited

Average Trading Volume: 365,270

Technical Sentiment Signal: Hold

Current Market Cap: A$2.3B

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

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