Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Reliance Worldwide Corp. ( (AU:RWC) ) has provided an update.
Reliance Worldwide Corporation Limited has announced an update on its ongoing share buy-back program, reporting the purchase of 450,409 ordinary fully paid securities on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a commitment to returning excess capital to its investors.
The most recent analyst rating on (AU:RWC) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Reliance Worldwide Corp. stock, see the AU:RWC Stock Forecast page.
More about Reliance Worldwide Corp.
Reliance Worldwide Corporation Limited operates in the plumbing and water control industry, providing a range of products such as valves, fittings, and pipes. The company focuses on delivering innovative solutions for water management and plumbing systems.
Average Trading Volume: 2,603,757
Technical Sentiment Signal: Sell
Current Market Cap: A$3.18B
See more data about RWC stock on TipRanks’ Stock Analysis page.