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Reliance Worldwide Corp. ( (AU:RWC) ) has issued an announcement.
Reliance Worldwide Corporation Limited has announced the cessation of 7,106,369 ordinary fully paid securities due to an on-market buy-back, effective October 9, 2025. This strategic move is part of the company’s capital management strategy, potentially impacting its market positioning by optimizing shareholder value and reflecting confidence in its financial health.
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 management industry, focusing on providing innovative water control systems and plumbing solutions. The company is known for its market-leading products that cater to both residential and commercial sectors, aiming to enhance water efficiency and sustainability.
Average Trading Volume: 2,528,680
Technical Sentiment Signal: Sell
Current Market Cap: A$3.15B
See more data about RWC stock on TipRanks’ Stock Analysis page.