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Reliance Worldwide Corp. ( (AU:RWC) ) just unveiled an update.
Reliance Worldwide Corporation Limited announced a change in the director’s interest, specifically concerning Heath Sharp. The change involved the acquisition of 62,662 shares upon the vesting of rights, with a corresponding disposal of 643,664 rights. This adjustment reflects the company’s ongoing equity incentive plan, which aims to align the interests of its directors with those of its shareholders, potentially impacting the company’s governance and stakeholder relations.
The most recent analyst rating on (AU:RWC) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Reliance Worldwide Corp. stock, see the AU:RWC Stock Forecast page.
More about Reliance Worldwide Corp.
Reliance Worldwide Corporation Limited operates in the plumbing and water control industry, specializing in the manufacture and supply of water control systems and plumbing solutions. The company focuses on delivering innovative products for residential, commercial, and industrial applications, catering to a global market.
Average Trading Volume: 2,587,530
Technical Sentiment Signal: Sell
Current Market Cap: A$3.15B
For an in-depth examination of RWC stock, go to TipRanks’ Overview page.