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Reece Limited ( (AU:REH) ) has issued an update.
Reece Limited announced a change in the director’s interest, as Angela Mentis, a director, increased her indirect interest in the company by acquiring 2,000 ordinary shares through the Mentis Superannuation Fund. This purchase, valued at $31,480, raises her total holding to 7,000 shares. The acquisition of shares on-market reflects a potential vote of confidence in the company’s future prospects and may influence stakeholder perceptions positively.
More about Reece Limited
Reece Limited operates in the plumbing and bathroom products industry, providing a wide range of products and services primarily focused on the Australian market.
YTD Price Performance: 0.25%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $6.52B
For detailed information about REH stock, go to TipRanks’ Stock Analysis page.
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