The latest announcement is out from Reliance Worldwide Corp. Ltd. ( (AU:RWC) ).
Reliance Worldwide Corporation Limited announced an update on its ongoing share buy-back program, revealing that a total of 333,121 ordinary fully paid securities were repurchased on the previous day, bringing the total number of shares bought back to 3,398,148. 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 control industry, providing a range of products and solutions for water flow and control systems. The company focuses on delivering innovative plumbing products and services to both residential and commercial markets.
YTD Price Performance: 2.27%
Average Trading Volume: 701
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.31B
See more insights into RWC stock on TipRanks’ Stock Analysis page.