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An update from Reliance Worldwide Corp. ( (AU:RWC) ) is now available.
Reliance Worldwide Corporation Limited announced the issuance of 32,642 performance rights under its employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize employees and align their interests with the company’s growth objectives, potentially enhancing operational efficiency and stakeholder 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.
Reliance Worldwide Corporation Limited operates in the plumbing and water management industry, providing innovative water control systems and plumbing solutions. The company focuses on delivering high-quality products and services to meet the needs of residential, commercial, and industrial markets globally.
YTD Price Performance: -16.24%
Average Trading Volume: 2,587,530
Technical Sentiment Signal: Sell
Current Market Cap: A$3.15B
See more data about RWC stock on TipRanks’ Stock Analysis page.