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Reliance Worldwide Corp. Issues New Securities to Strengthen Equity Structure

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Reliance Worldwide Corp. Issues New Securities to Strengthen Equity Structure

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Reliance Worldwide Corp. ( (AU:RWC) ) has provided an announcement.

Reliance Worldwide Corporation Limited announced the issuance of 70,207 ordinary fully paid securities as of July 7, 2025. This move reflects the company’s ongoing efforts to manage its equity structure and may impact its market positioning by potentially increasing its capital base, which could influence stakeholder interests and company operations.

The most recent analyst rating on (AU:RWC) stock is a Hold with a A$4.70 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, focusing on the manufacture and supply of water flow and control products. The company is known for its innovative solutions in plumbing systems, catering to a global market with a strong emphasis on quality and reliability.

YTD Price Performance: -13.84%

Average Trading Volume: 2,515,003

Technical Sentiment Signal: Sell

Current Market Cap: A$3.27B

See more insights into RWC stock on TipRanks’ Stock Analysis page.

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