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Reece Limited Announces Cessation of Performance Rights

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Reece Limited Announces Cessation of Performance Rights

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Reece Limited ( (AU:REH) ) has issued an update.

Reece Limited has announced the cessation of 30,484 performance rights due to the conditions for these securities not being met or becoming incapable of being satisfied. This development may impact the company’s capital structure and could have implications for its stakeholders, as it reflects on the company’s ability to meet certain performance conditions.

The most recent analyst rating on (AU:REH) stock is a Sell with a A$10.10 price target. To see the full list of analyst forecasts on Reece Limited stock, see the AU:REH Stock Forecast page.

More about Reece Limited

YTD Price Performance: -49.34%

Average Trading Volume: 2,115,268

Technical Sentiment Signal: Sell

Current Market Cap: A$7.29B

Learn more about REH stock on TipRanks’ Stock Analysis page.

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