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Reliance Worldwide Reports Lapse of 431 Performance Rights

Story Highlights
  • Reliance Worldwide operates globally in plumbing and water control products markets.
  • The company reported 431 performance rights lapsed after incentive conditions were not met.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Reliance Worldwide Reports Lapse of 431 Performance Rights

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Reliance Worldwide Corp. ( (AU:RWC) ) has provided an announcement.

Reliance Worldwide Corporation has notified the ASX of the cessation of 431 performance rights (security code RWCAD) after the conditions attached to those rights were not met or became incapable of being satisfied as at 31 December 2025. The lapse marginally reduces the company’s pool of potential equity-based remuneration, signalling that certain performance hurdles for incentive awards were not achieved, but it does not affect existing ordinary shareholders and represents a routine adjustment to the company’s issued capital structure.

The most recent analyst rating on (AU:RWC) stock is a Hold with a A$4.20 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 Australia-listed company (ASX:RWC) operating in the plumbing and water control products industry. The group manufactures and supplies plumbing fittings, valves and related water management solutions to residential, commercial and industrial markets globally.

Average Trading Volume: 2,236,481

Technical Sentiment Signal: Sell

Current Market Cap: A$2.96B

See more data about RWC stock on TipRanks’ Stock Analysis page.

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