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Reliance Worldwide Corp. ( (AU:RWC) ) just unveiled an update.
Reliance Worldwide Corporation Limited announced the cessation of 69,189 performance rights due to unmet conditions, reflecting a lapse in conditional rights. This announcement may impact the company’s capital structure and could have implications for stakeholders, as it highlights challenges in meeting performance conditions.
The most recent analyst rating on (AU:RWC) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Reliance Worldwide Corp. stock, see the AU:RWC Stock Forecast page.
More about Reliance Worldwide Corp.
Reliance Worldwide Corporation Limited operates in the plumbing and water systems industry, providing innovative solutions and products for water control and flow management. The company is known for its focus on delivering high-quality plumbing products and services to a global market.
Average Trading Volume: 2,587,530
Technical Sentiment Signal: Sell
Current Market Cap: A$3.15B
For a thorough assessment of RWC stock, go to TipRanks’ Stock Analysis page.