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Yarra Capital Management Ceases Substantial Holding in Reliance Worldwide

Story Highlights
  • Yarra Capital Management and associates ceased to be substantial holders in Reliance Worldwide.
  • Over $33 million in shares were disposed, affecting more than 8 million votes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Reliance Worldwide Corp. ( (AU:RWC) ) has shared an announcement.

Reliance Worldwide Corporation Ltd has announced that Yarra Capital Management Limited and its associated entities have ceased to be substantial holders in the company as of April 28, 2025. This change in substantial holding involved a significant disposal of shares amounting to $33,499,115, affecting over 8 million votes, which could impact the company’s shareholder composition and influence in the market.

More about Reliance Worldwide Corp.

YTD Price Performance: -13.96%

Average Trading Volume: 1,105

Technical Sentiment Signal: Buy

Current Market Cap: $2.03B

Find detailed analytics on RWC stock on TipRanks’ Stock Analysis page.

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