tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Reece Limited Announces Cessation of Securities

Story Highlights
Reece Limited Announces Cessation of Securities

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Reece Limited ( (AU:REH) ) is now available.

Reece Limited announced the cessation of 2,159 retention rights due to the lapse of conditional rights that were not satisfied. This development may impact the company’s capital structure and could influence investor perceptions regarding 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

Reece Limited operates in the plumbing and bathroom supplies industry, providing a range of products and services primarily focused on the Australian market.

YTD Price Performance: -49.34%

Average Trading Volume: 2,115,268

Technical Sentiment Signal: Sell

Current Market Cap: A$7.29B

See more insights into REH stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1