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The latest announcement is out from Duxton Water Ltd. ( (AU:RIV) ).
Rivco Australia Ltd has provided an updated notification on its ongoing on-market share buy-back program, covering activity up to 8 May 2026. The update specifies that the company has repurchased a cumulative total of 2,356,141 ordinary fully paid shares prior to the previous trading day, and a further 43,367 shares on the previous day, under its existing buy-back authorization.
The continued execution of the buy-back indicates Rivco’s active capital management strategy, potentially signaling confidence in its valuation and offering incremental support to its share price. For shareholders, the ongoing reduction in shares on issue may enhance per-share metrics over time, while also highlighting the company’s focus on returning value through market-based repurchases.
The most recent analyst rating on (AU:RIV) stock is a Buy with a A$1.65 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:RIV Stock Forecast page.
More about Duxton Water Ltd.
Rivco Australia Ltd is an ASX-listed company trading under the ticker RIV, with ordinary fully paid shares listed on the Australian Securities Exchange. The company operates under Australian corporate regulations and uses on-market mechanisms to manage its capital structure through share buy-back programs.
Average Trading Volume: 93,786
Technical Sentiment Signal: Buy
Current Market Cap: A$225.9M
For a thorough assessment of RIV stock, go to TipRanks’ Stock Analysis page.