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The latest announcement is out from Reliance Worldwide Corp. Ltd. ( (AU:RWC) ).
Reliance Worldwide Corporation Limited has announced an update regarding its ongoing share buy-back program. The company reported that it bought back 750,000 ordinary fully paid securities on the previous day, adding to the total of 415,863 securities bought back before that day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Reliance Worldwide Corp. Ltd.
Reliance Worldwide Corporation Limited operates in the plumbing and water systems industry, providing a range of products and solutions for water control and plumbing systems. The company focuses on delivering innovative and reliable products to both residential and commercial markets.
YTD Price Performance: 1.95%
Average Trading Volume: 701
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.42B
Learn more about RWC stock on TipRanks’ Stock Analysis page.