Reliance Worldwide Corp. Ltd. ( (AU:RWC) ) has shared an announcement.
Reliance Worldwide Corporation Limited has announced an update regarding its ongoing on-market buy-back program. As of March 14, 2025, the company has bought back a total of 1,798,675 ordinary fully paid securities, with 632,812 purchased on the previous day alone. 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, focusing on the manufacturing and distribution of plumbing products and solutions. The company is known for its innovative water control systems and fittings, catering to both residential and commercial markets.
YTD Price Performance: 2.92%
Average Trading Volume: 701
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.43B
For detailed information about RWC stock, go to TipRanks’ Stock Analysis page.