Reece Expands On-Market Share Buyback by AU$50 Million; Shares Up 3%

MT Newswires Live

2025/12/22

Reece (ASX:REH) has expanded its on-market share buyback program by AU$50 million, to be funded through existing cash reserves and debt facilities, according to a Monday filing with the Australian bourse.

The buyback, initiated on Dec. 12, will take place through regular trading and could continue for up to 12 months, per the filing.

The company's shares rose 3% in recent Monday trade.

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