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Reliance Worldwide Corp. ( (AU:RWC) ) has shared an announcement.
Reliance Worldwide Corporation Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 78,400 ordinary fully paid securities were bought back on the previous day, bringing the cumulative total to 7,027,680. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder 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 a range of products and solutions for water flow and control. The company focuses on delivering innovative plumbing solutions and has a significant presence in the global market.
Average Trading Volume: 2,580,822
Technical Sentiment Signal: Sell
Current Market Cap: A$3.15B
For detailed information about RWC stock, go to TipRanks’ Stock Analysis page.