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An update from Reliance Worldwide Corp. ( (AU:RWC) ) is now available.
Reliance Worldwide Corporation Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back program, reporting that a total of 6,684,707 ordinary fully paid shares had been repurchased before the previous trading day. The company disclosed that a further 408,980 shares were bought back on the previous day, confirming continued execution of its capital management strategy and incremental reduction of its free float.
The latest update, dated 23 March 2026, follows the initial buy-back notification lodged on 17 February 2026 and a prior update on 20 March 2026. This daily reporting signals an active approach to returning capital to shareholders and may support earnings per share over time, while demonstrating management’s confidence in the company’s valuation and financial position.
The most recent analyst rating on (AU:RWC) stock is a Hold with a A$3.00 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 listed on the ASX under the code RWC and has ordinary fully paid shares on issue. The company operates in the industrial and manufacturing space, and its securities are actively traded in the Australian equity market.
YTD Price Performance: -22.39%
Average Trading Volume: 3,257,077
Technical Sentiment Signal: Sell
Current Market Cap: A$2.25B
For an in-depth examination of RWC stock, go to TipRanks’ Overview page.