Reliance Worldwide Corp. Ltd. ( (AU:RWC) ) has provided an announcement.
Reliance Worldwide Corporation Limited has announced the finalization of its on-market buy-back program, purchasing a total of 6,632,658 ordinary fully paid securities for a consideration of AUD 30,965,805.07. This buy-back is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a commitment to returning capital to shareholders and maintaining a balanced approach to growth and investment.
More about Reliance Worldwide Corp. Ltd.
Reliance Worldwide Corporation Limited operates in the plumbing and water control industry, providing a range of products and solutions for water management and control systems. The company focuses on delivering innovative plumbing solutions to enhance water efficiency and safety for residential, commercial, and industrial markets.
YTD Price Performance: -5.46%
Average Trading Volume: 679
Technical Sentiment Signal: Buy
Current Market Cap: $2.19B
See more data about RWC stock on TipRanks’ Stock Analysis page.