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Reece Limited Director Increases Shareholding

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Reece Limited Director Increases Shareholding

The latest update is out from Reece Limited ( (AU:REH) ).

Reece Limited has announced a change in the director’s interest, with Angela Mentis acquiring an additional 2,500 ordinary shares, bringing her total to 5,000 shares. This transaction, valued at $43,750, was conducted through an on-market purchase, reflecting a strategic move that could indicate confidence in the company’s future performance.

More about Reece Limited

Reece Limited operates in the plumbing and bathroom supplies industry, providing a range of products and services focused on plumbing, bathroom, and HVAC-R (heating, ventilation, air conditioning, and refrigeration) solutions. The company is a significant player in the Australian market, catering to both residential and commercial sectors.

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $6.94B

For a thorough assessment of REH stock, go to TipRanks’ Stock Analysis page.

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