Reece Launches AU$35 Million On-Market Share Buyback Program

MT Newswires Live

2025/11/27

Reece (ASX:REH) launched an on-market share buyback of up to AU$35 million, following its AU$365 million off-market buyback completed in October, according to a Thursday filing with the Australian bourse.

The buyback, financed through the company's existing cash and debt facilities, is anticipated to start on or after Dec. 12 and could continue for up to 12 months, per the filing.

Shares will be acquired through normal trading, with the quantity and timing of purchases determined by market conditions, the share price, and other relevant factors, the filing added.

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