Reliance Worldwide Updates on Securities Buy-Back Program

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Reliance Worldwide Updates on Securities Buy-Back Program

Reliance Worldwide Corp. Ltd. ( (AU:RWC) ) just unveiled an announcement.

Reliance Worldwide Corporation Limited has announced an update on its ongoing on-market buy-back program. As of March 28, 2025, the company has repurchased a total of 5,768,687 ordinary fully paid securities, with an additional 434,648 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.

More about Reliance Worldwide Corp. Ltd.

Reliance Worldwide Corporation Limited operates in the plumbing and water management industry, providing a range of products and solutions for plumbing, heating, and water systems. The company is known for its innovative solutions and has a significant market presence in the industry.

YTD Price Performance: -5.52%

Average Trading Volume: 641

Technical Sentiment Signal: Buy

Current Market Cap: $2.2B

Learn more about RWC stock on TipRanks’ Stock Analysis page.

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