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Reece Limited ( (AU:REH) ) just unveiled an announcement.
Reece Limited announced the results of its 2025 Annual General Meeting, where several resolutions were carried, including the re-election of directors and the adoption of the remuneration report, despite a significant portion of votes against it. The AGM results reflect the company’s ongoing governance processes and may influence future corporate strategies, particularly given the second strike against the remuneration report.
The most recent analyst rating on (AU:REH) stock is a Hold with a A$13.10 price target. To see the full list of analyst forecasts on Reece Limited stock, see the AU:REH Stock Forecast page.
More about Reece Limited
Reece Group is a leading distributor of plumbing, waterworks, and HVAC-R products, serving commercial and residential customers through over 900 branches in Australia, New Zealand, and the United States. Established in 1920 and listed on the Australian Securities Exchange, the company employs approximately 9,000 people.
Average Trading Volume: 1,952,699
Technical Sentiment Signal: Sell
Current Market Cap: A$6.56B
For an in-depth examination of REH stock, go to TipRanks’ Overview page.