Reliance Worldwide continues share buy-back program
Reliance Worldwide Corporation Limited (ASX:RWC) has continued its on-market share buy-back program, with daily notifications issued on September 30, October 1, and October 2, 2025. The buy-back, which commenced on August 19, 2025, and is scheduled to conclude by September 3, 2026, is part of the company's total distribution for the six months ended June 30, 2025, totaling US$5.0 cents per share (US$38.7m). This includes an unfranked final cash dividend of US2.5 cents per share and an on-market share buy-back of US$19.4m, equivalent to US2.5 cents per share.
The company's daily buy-back activities show consistent repurchases. On September 29, 2025, RWC bought back 368,025 securities for a total consideration of A$1,520,246.13000, with prices ranging from A$4.10000000 to A$4.20000000. By the end of that day, the total securities bought back since the program's inception amounted to 4,929,164.
Subsequent updates indicate further repurchases. On September 30, 2025, an additional 607,391 securities were bought back for A$2,491,950.95000, bringing the cumulative total to 5,297,189. The latest notification for October 1, 2025, reports the buy-back of 287,816 securities for A$1,180,483.08000, increasing the total to 5,904,580. The highest price paid across these dates was A$4.32000000 (on September 19, 2025), and the lowest was A$4.05000000 (on October 1, 2025), with UBS Securities Australia Limited acting as the broker.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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