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Reece Limited Announces Board Resignation

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Reece Limited Announces Board Resignation

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The latest announcement is out from Reece Limited ( (AU:REH) ).

Reece Limited announced the resignation of Ross McEwan as a non-executive and Lead Independent Director, effective June 30, 2025. McEwan is stepping down to focus on his role as Chair of BHP Group Limited. The company expressed gratitude for his contributions and is committed to maintaining a diverse board with a suitable mix of skills and experience, with plans to announce a new Lead Independent Director soon.

The most recent analyst rating on (AU:REH) stock is a Sell with a A$19.00 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 prominent distributor of plumbing, waterworks, and HVAC-R products, serving both commercial and residential customers through approximately 900 branches across Australia, New Zealand, and the United States. Established in 1920 and listed on the Australian Securities Exchange, the company employs around 9,000 people dedicated to enhancing customer experiences.

YTD Price Performance: -23.14%

Average Trading Volume: 829,924

Technical Sentiment Signal: Sell

Current Market Cap: A$11.07B

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

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