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Why Is Reece Increasing Its Share Buyback Target to $85 Million?

10:11am on Monday 22nd of December, 2025 AEDT Industrial
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Why Is Reece Increasing Its Share Buyback Target to $85 Million?

10:11am on Monday 22nd of December, 2025 AEDT
Key Points
  • On-market share buyback target increased from $35 million to $85 million
  • Buyback funded through existing cash reserves and debt facilities
  • Program commenced on 12 December 2025 and may run for up to 12 months
  • Company emphasizes maintaining strong balance sheet and conservative leverage
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