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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 Industrial Goods & Services
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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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