Reece Limited (AU:REH) has released an update.
Reece Limited has announced the cessation of 14,251 performance rights securities due to unmet conditions, as detailed in their latest stock market filing on April 15, 2024. The rights lapsed because the conditions for them to be awarded were not, and cannot be, satisfied as of March 29, 2024. This news could influence the company’s stock as it reflects on the achievement of performance targets.
For further insights into AU:REH stock, check out TipRanks’ Stock Analysis page.
