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An update from Reliance Worldwide Corp. ( (AU:RWC) ) is now available.
Reliance Worldwide Corporation has provided an updated notification of its on-market share buy-back program for its ordinary fully paid shares on the ASX. The company reported that it has repurchased a total of 9,748,551 shares prior to the latest trading day and bought back an additional 524,682 shares on the previous day, as part of the ongoing capital management initiative first notified in February 2026.
The latest daily update, dated 31 March 2026, reflects continued execution of the buy-back that began on 17 February 2026 and is being reported to the market on a rolling basis. This sustained repurchase activity signals management’s focus on returning capital to shareholders and may support earnings per share over time, while also indicating confidence in the company’s valuation and long-term prospects.
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 Australian-listed company trading under the ASX code RWC, with its primary securities being ordinary fully paid shares. The company operates in the manufacturing and plumbing products sector, supplying components and systems used in water flow and control across residential and commercial applications.
YTD Price Performance: -18.74%
Average Trading Volume: 3,385,445
Technical Sentiment Signal: Sell
Current Market Cap: A$2.35B
For detailed information about RWC stock, go to TipRanks’ Stock Analysis page.