An announcement from Reliance Worldwide Corp. Ltd. ( (AU:RWC) ) is now available.
Reliance Worldwide Corporation Limited has announced an update on its ongoing share buy-back program. As of March 18, 2025, the company has bought back a total of 3,037,883 ordinary fully paid securities, with 436,338 purchased on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, potentially impacting its stock performance and market perception.
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 primarily focused on plumbing fittings, valves, and other water control systems. The company is known for its innovative products and has a significant presence in global markets, catering to both residential and commercial sectors.
YTD Price Performance: 2.01%
Average Trading Volume: 701
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.28B
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