Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Reece Limited ( (AU:REH) ) has provided an announcement.
Reece Limited announced the resignation of Megan Quinn from its board, effective July 2, 2025. Quinn, who has served as a non-executive director since 2017, expressed her respect for the company’s values and ambition. Chairman and CEO Peter Wilson thanked Quinn for her contributions and indicated that the board is evolving to include a mix of skills, experience, and diversity to support the company’s future. The company plans to announce new board appointments soon.
The most recent analyst rating on (AU:REH) stock is a Sell with a A$18.00 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 both 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.
YTD Price Performance: -35.62%
Average Trading Volume: 897,536
Technical Sentiment Signal: Sell
Current Market Cap: A$9.12B
For a thorough assessment of REH stock, go to TipRanks’ Stock Analysis page.