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Reece Limited Issues Unquoted Performance Rights

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Reece Limited Issues Unquoted Performance Rights

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Reece Limited ( (AU:REH) ) has shared an announcement.

Reece Limited has announced the issuance of 22,531 unquoted performance rights under an employee incentive scheme. These securities are not intended to be quoted on the ASX, and this move is part of the company’s ongoing efforts to motivate and retain key personnel, potentially impacting its operational efficiency and stakeholder engagement.

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

YTD Price Performance: -34.67%

Average Trading Volume: 941,972

Technical Sentiment Signal: Sell

Current Market Cap: A$9.41B

For an in-depth examination of REH stock, go to TipRanks’ Overview page.

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