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Reece Limited ( (AU:REH) ) just unveiled an announcement.
Reece Limited has announced a new equal access scheme buy-back of its ordinary fully paid shares, as per the notification to the Australian Securities Exchange (ASX). This move is part of the company’s strategic financial management, potentially impacting its share value and providing liquidity options for shareholders.
The most recent analyst rating on (AU:REH) stock is a Sell with a A$10.10 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
YTD Price Performance: -53.70%
Average Trading Volume: 2,136,847
Technical Sentiment Signal: Sell
Current Market Cap: A$6.67B
For detailed information about REH stock, go to TipRanks’ Stock Analysis page.