Reece Limited (AU:REH) has released an update.
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Reece Limited has announced the issuance of 48,594 unquoted retention rights as part of its employee incentive scheme. These securities are not intended to be listed on the ASX, reflecting the company’s commitment to rewarding and retaining its workforce. Investors may find this move indicative of Reece’s strategic focus on employee engagement and long-term growth.
For further insights into AU:REH stock, check out TipRanks’ Stock Analysis page.