Reece Group (ASX: REH) has announced a new on-market share buyback of up to AU$35 million, following the successful completion of its larger AU$365 million off-market buyback in October. The company states that this incremental buyback aligns with its long-term capital allocation strategy and remains within the upper limit previously communicated. Chair and CEO Peter Wilson emphasises Reece’s commitment to disciplined capital management, a strong balance sheet and maintaining conservative leverage to support future growth. The program will be backed by the business’s on-hand cash and established debt arrangements. Scheduled to begin on or after 12 December 2025, the program may run for up to a year, with the volume and timing of share purchases determined by prevailing market conditions. Reece, a major distributor of plumbing, waterworks and HVAC-R products across Australia, New Zealand and the United States, continues to prioritise shareholder value creation.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au.au
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Reece Group: On-Market Share Buyback Overview
Reece Group (ASX: REH) has announced a new on-market share buyback of up to AU$35 million, following the successful completion of its larger AU$365 million off-market buyback in October. The company states that this incremental buyback aligns with its long-term capital allocation strategy and remains within the upper limit previously communicated. Chair and CEO Peter Wilson emphasises Reece’s commitment to disciplined capital management, a strong balance sheet and maintaining conservative leverage to support future growth. The program will be backed by the business’s on-hand cash and established debt arrangements. Scheduled to begin on or after 12 December 2025, the program may run for up to a year, with the volume and timing of share purchases determined by prevailing market conditions. Reece, a major distributor of plumbing, waterworks and HVAC-R products across Australia, New Zealand and the United States, continues to prioritise shareholder value creation.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au.au