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Reliance Worldwide Corp. ( (AU:RWC) ) has issued an announcement.
Reliance Worldwide Corporation Limited announced the issuance of 134,326 performance rights as part of an employee incentive scheme. These unquoted securities are not intended to be listed on the ASX, reflecting the company’s strategy to motivate and retain key personnel, potentially impacting its operational efficiency and market competitiveness.
The most recent analyst rating on (AU:RWC) stock is a Hold with a A$4.70 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 a range of products and solutions for water control and flow. The company focuses on delivering innovative and reliable products to enhance water management systems globally.
YTD Price Performance: -13.84%
Average Trading Volume: 2,515,003
Technical Sentiment Signal: Sell
Current Market Cap: A$3.27B
For an in-depth examination of RWC stock, go to TipRanks’ Overview page.