tiprankstipranks
Trending News
More News >

Reliance Worldwide Issues Performance Rights to Employees

Story Highlights
Reliance Worldwide Issues Performance Rights to Employees

Reliance Worldwide Corp. Ltd. ( (AU:RWC) ) has shared an update.

Reliance Worldwide Corporation Limited has announced the issuance of 37,857 performance rights under an 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 corporate goals, potentially enhancing operational performance and stakeholder value.

More about Reliance Worldwide Corp. Ltd.

Reliance Worldwide Corporation Limited operates in the plumbing and water systems industry, providing a range of products and solutions for water control and management. The company focuses on manufacturing and distributing plumbing supplies and is a key player in the market for water control systems.

YTD Price Performance: -5.46%

Average Trading Volume: 720

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.86B

Find detailed analytics on RWC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App