Reliance Worldwide Faces Shareholder Dissent on Pay Report

Reliance Worldwide Corp. Ltd. (AU:RWC) has released an update.

Reliance Worldwide Corporation Limited reported successful outcomes for all resolutions at its recent Annual General Meeting, despite a notable 38.95% opposition to the Remuneration Report. This level of dissent marks a ‘first strike’ under the Corporations Act, signaling potential challenges in future governance and compensation strategies.

For further insights into AU:RWC stock, check out TipRanks’ Stock Analysis page.