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Reliance Worldwide Corp. ( (AU:RWC) ) just unveiled an update.
Reliance Worldwide Corporation Limited has announced an update regarding its ongoing buy-back program. The company has repurchased a total of 4,929,164 ordinary fully paid securities, with an additional 368,025 securities bought back on the previous day. This buy-back initiative 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: -15.84%
Average Trading Volume: 2,627,075
Technical Sentiment Signal: Sell
Current Market Cap: A$3.17B
For detailed information about RWC stock, go to TipRanks’ Stock Analysis page.