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Why Is Reece Offering a $250M Buy-Back at Up to 26% Premium?
9:24am on Monday 22nd of September, 2025 AEST
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Why Is Reece Offering a $250M Buy-Back at Up to 26% Premium?
9:24am on Monday 22nd of September, 2025 AEST
Key Points
Off-market buy-back targeting $250 million, up to $400 million
Buy-back price range set at $11.00 to $13.00 per share, a premium to last close
Wilson family to abstain, potentially increasing ownership to over 69%
Buy-back funded by cash and undrawn debt facilities
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