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Reliance Worldwide Corp. ( (AU:RWC) ) has shared an update.
Reliance Worldwide Corporation Limited has announced an update on its ongoing on-market buy-back program, with a total of 2,695,115 securities bought back prior to the previous day and an additional 294,751 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize 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 solutions industry, providing a range of products and services focused on plumbing systems and water control solutions. The company is known for its innovative products and has a significant presence in the global market.
Average Trading Volume: 2,596,963
Technical Sentiment Signal: Sell
Current Market Cap: A$3.24B
For a thorough assessment of RWC stock, go to TipRanks’ Stock Analysis page.