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Yarra Capital Reduces Stake in Reliance Worldwide Corp.

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Yarra Capital Reduces Stake in Reliance Worldwide Corp.

The latest announcement is out from Reliance Worldwide Corp. Ltd. ( (AU:RWC) ).

Yarra Capital Management Limited and associated entities have reduced their voting power in Reliance Worldwide Corporation Ltd, a company involved in plumbing and water control systems, from 6.82% to 5.70%. This change, involving significant acquisitions and disposals of shares, reflects a shift in investment strategy that could impact the company’s market perception and stakeholder interests.

More about Reliance Worldwide Corp. Ltd.

YTD Price Performance: 5.84%

Average Trading Volume: 641

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.42B

Learn more about RWC stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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