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Reliance Worldwide Corp. Ltd. ( (AU:RWC) ) has issued an announcement.
Reliance Worldwide Corporation Limited announced an on-market buy-back of its ordinary fully paid securities, as part of its strategic financial management. This move is expected to optimize the company’s capital structure, potentially enhancing shareholder value and indicating confidence in the company’s financial health.
More about Reliance Worldwide Corp. Ltd.
Reliance Worldwide Corporation Limited operates in the plumbing and heating industry, primarily providing plumbing supplies and solutions. The company’s market focus includes manufacturing and distribution of products used in residential, commercial, and industrial applications globally.
YTD Price Performance: 4.72%
Average Trading Volume: 380
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.59B
Learn more about RWC stock on TipRanks’ Stock Analysis page.
