The latest announcement is out from Reliance Worldwide Corp. Ltd. ( (AU:RWC) ).
Reliance Worldwide Corporation Limited has announced an update on its ongoing share buy-back program, revealing that a total of 360,265 ordinary fully paid securities were bought back on the previous day, bringing the total to 3,037,883 securities bought back to date. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting confidence in its financial position and future prospects.
More about Reliance Worldwide Corp. Ltd.
Reliance Worldwide Corporation Limited operates in the plumbing and water control industry, providing a range of products and solutions for water flow and control systems. The company focuses on delivering innovative and reliable plumbing solutions to a global market.
YTD Price Performance: 2.44%
Average Trading Volume: 701
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.3B
For a thorough assessment of RWC stock, go to TipRanks’ Stock Analysis page.