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

MT Newswires Live
Nov 27, 2025

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10