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Reece Limited Updates Market on Progress of On-Market Share Buy-Back

Story Highlights
  • Reece Limited continues its on-market share buy-back, acquiring 8,580 shares in the latest daily update.
  • Total shares repurchased have reached 2,741,795, highlighting an active capital management strategy and potential EPS impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Reece Limited Updates Market on Progress of On-Market Share Buy-Back

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Reece Limited ( (AU:REH) ) has provided an update.

Reece Limited has provided an update on its on-market share buy-back program for its ordinary fully paid shares, reporting that it repurchased 8,580 shares on the previous trading day, bringing the cumulative total bought back to 2,741,795 shares since the program’s commencement on 27 November 2025. The ongoing daily disclosures of repurchases reflect the company’s active capital management strategy and provide transparency to shareholders on the scale and pace of the buy-back, which can influence earnings per share, share liquidity and overall market perception of the company’s valuation and balance sheet strength.

The most recent analyst rating on (AU:REH) stock is a Hold with a A$12.40 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

Reece Limited is an Australia-based company listed on the ASX under the code REH, with its primary listed securities being ordinary fully paid shares.

YTD Price Performance: -42.48%

Average Trading Volume: 1,000,322

Technical Sentiment Signal: Sell

Current Market Cap: A$7.84B

See more insights into REH stock on TipRanks’ Stock Analysis page.

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