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Reliance Worldwide Issues New Securities to Enhance Market Position

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Reliance Worldwide Issues New Securities to Enhance Market Position

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Reliance Worldwide Corp. ( (AU:RWC) ) has provided an announcement.

Reliance Worldwide Corporation Limited has announced the issuance of 87,833 new ordinary fully paid securities as of October 7, 2025. This move involves the conversion of unquoted options or other convertible securities, potentially impacting the company’s capital structure and market positioning by increasing the number of shares available to investors.

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 a range of products including fittings, pipes, and valves. The company focuses on delivering innovative water control solutions to both residential and commercial markets.

Average Trading Volume: 2,587,530

Technical Sentiment Signal: Sell

Current Market Cap: A$3.15B

For detailed information about RWC stock, go to TipRanks’ Stock Analysis page.

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