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How Is Reece Steering Through FY25 Challenges with $365M Buyback and Board Changes?
9:51am on Friday 21st of November, 2025 AEDT
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How Is Reece Steering Through FY25 Challenges with $365M Buyback and Board Changes?
9:51am on Friday 21st of November, 2025 AEDT
Key Points
FY25 revenue down 1% to $9 billion
EBITDA declined 11%, EBIT down 20% amid soft markets
$365 million share buyback completed, returning capital to shareholders
Board reshaped with new independent directors and leadership changes
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Reece (ASX:REH)
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