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An update from Reliance Worldwide Corp. ( (AU:RWC) ) is now available.
Reliance Worldwide Corporation Limited has announced an update regarding its ongoing share buy-back program. The company reported that it bought back 175,918 ordinary fully paid securities on the previous day, adding to a total of 6,851,762 securities repurchased before that day. This buy-back activity is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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.
YTD Price Performance: -16.24%
Average Trading Volume: 2,587,530
Technical Sentiment Signal: Sell
Current Market Cap: A$3.15B
Find detailed analytics on RWC stock on TipRanks’ Stock Analysis page.