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Reliance Worldwide Corp. Ltd. ( (AU:RWC) ) has shared an announcement.
Reliance Worldwide Corporation Limited has announced an update regarding its ongoing share buy-back program, reporting the purchase of 557,384 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to over 5.2 million. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a strong financial position and confidence in its future growth prospects.
More about Reliance Worldwide Corp. Ltd.
Reliance Worldwide Corporation Limited operates in the plumbing and water management industry, providing a range of products and services focused on plumbing solutions. The company is known for its innovative water control systems and fittings, serving a global market with a focus on efficiency and sustainability.
YTD Price Performance: -5.52%
Average Trading Volume: 641
Technical Sentiment Signal: Buy
Current Market Cap: $2.2B
For an in-depth examination of RWC stock, go to TipRanks’ Stock Analysis page.
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