Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Reliance Worldwide Corp. ( (AU:RWC) ) has provided an update.
Reliance Worldwide Corporation Limited has provided an update on its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported that a total of 4,497,644 shares had been repurchased prior to the latest reporting day, with an additional 477,534 shares bought back on the previous trading day, indicating continued execution of its capital management strategy.
The latest notification, dated 16 March 2026, forms part of a series of daily buy-back disclosures that began in February 2026. This steady pace of repurchases signals management’s active use of on-market buy-backs to return capital to shareholders and potentially improve earnings per share, reinforcing its focus on shareholder value and balance-sheet optimisation.
The most recent analyst rating on (AU:RWC) stock is a Hold with a A$3.00 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 is an ASX-listed company trading under the code RWC, with ordinary fully paid shares on issue. The company operates in the corporate sector and its shares are actively traded on the Australian Securities Exchange, where it manages its capital structure through market transactions.
YTD Price Performance: -23.70%
Average Trading Volume: 3,303,307
Technical Sentiment Signal: Sell
Current Market Cap: A$2.21B
Learn more about RWC stock on TipRanks’ Stock Analysis page.