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The latest announcement is out from Reliance Worldwide Corp. ( (AU:RWC) ).
Reliance Worldwide Corporation Limited has disclosed an on-market share buy-back program involving its ordinary fully paid shares listed on the ASX under the ticker RWC. The company continues to provide daily updates, with the latest notification dated 16 April 2026, indicating cumulative buy-backs of 15,627,343 shares and a further 673,401 shares repurchased on the previous trading day.
The ongoing buy-back signals Reliance Worldwide’s active capital management strategy, potentially aiming to enhance shareholder value by reducing the number of shares on issue. Regular daily disclosures of the repurchase activity also underline the company’s compliance with market transparency requirements and give investors clearer visibility into the scale and pace of the program.
The most recent analyst rating on (AU:RWC) stock is a Buy with a A$3.80 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 ASX-listed company trading under the code RWC, with its primary securities being ordinary fully paid shares. The group operates in the manufacturing sector, providing plumbing and water control products to residential and commercial markets in Australia and internationally.
Average Trading Volume: 3,556,390
Technical Sentiment Signal: Sell
Current Market Cap: A$2.32B
See more data about RWC stock on TipRanks’ Stock Analysis page.