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Reliance Worldwide Corp. ( (AU:RWC) ) just unveiled an announcement.
Reliance Worldwide Corporation Limited announced the cessation of 1,963,569 performance rights due to the lapse of conditional rights that were not satisfied. This announcement highlights a potential shift in the company’s capital management strategy, which may influence its financial performance and stakeholder interests.
The most recent analyst rating on (AU:RWC) stock is a Hold with a A$4.55 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 solutions industry, providing a range of products and services that focus on water control and management systems. The company is known for its innovative solutions in the plumbing market, catering to both residential and commercial sectors.
Average Trading Volume: 2,101,210
Technical Sentiment Signal: Sell
Current Market Cap: A$2.97B
See more data about RWC stock on TipRanks’ Stock Analysis page.