middle.news

How Is Reece Steering Through FY25 Challenges with $365M Buyback and Board Changes?

9:51am on Friday 21st of November, 2025 AEDT Industrial
Read Story

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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Reece (ASX:REH)
OPEN ARTICLE