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An update from Reliance Worldwide Corp. ( (AU:RWC) ) is now available.
Reliance Worldwide Corporation Limited has announced an update on its ongoing buy-back program, revealing that a total of 4,107,780 securities have been bought back before the previous day, with an additional 284,238 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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 management industry, providing a range of products and solutions primarily focused on plumbing systems and water control. The company is known for its innovative approach to plumbing solutions and serves a global market.
Average Trading Volume: 2,595,847
Technical Sentiment Signal: Sell
Current Market Cap: A$3.27B
See more data about RWC stock on TipRanks’ Stock Analysis page.