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Reece Returns $365M to Shareholders with Full Acceptance Buy-Back

8:40am on Monday 20th of October, 2025 AEDT Industrial
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Reece Returns $365M to Shareholders with Full Acceptance Buy-Back

8:40am on Monday 20th of October, 2025 AEDT
Key Points
  • 28.1 million shares repurchased, representing 4.3% of issued capital
  • Buy-back price set at $13.00 per share with full acceptance
  • Total buy-back value of $365 million exceeds initial $250 million target
  • Shares bought back will be cancelled, reducing total shares on issue
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