Latest Distribution News

Reece Limited has announced a new on-market share buyback of up to $35 million, following its recent $365 million off-market buyback, signaling continued confidence in its capital management strategy.

Stealth Group Holdings has secured $19.5 million through a share placement to strengthen its balance sheet, reduce debt, and fund the integration of Hardware and Building Traders (HBT) alongside its wholesale distribution expansion.

Stealth Group Holdings has acquired Hardware & Building Traders for $22 million, significantly expanding its footprint and upgrading its FY28 sales target to over $500 million. The deal positions Stealth as a formidable independent competitor in Australia’s hardware and industrial distribution market.

Stealth Group Holdings has reported its strongest financial year yet, with record sales and profits, while announcing a major acquisition that promises to reshape its market footprint.

Stealth Group Holdings has acquired Hardware & Building Traders for $22 million, creating Australia’s largest integrated hardware and industrial distribution platform and upgrading its FY28 financial outlook.

Reece Limited has completed a $365 million off-market share buy-back, repurchasing 4.3% of its shares at $13 each with no scale-back applied. This move returns excess capital to shareholders while preserving financial flexibility for future growth.

Stealth Group Holdings has reported a record-breaking 2025 financial year, with sales climbing 27.6% and net profit more than doubling. The company is accelerating its growth strategy, aiming to more than double sales by 2028.

Stealth Group Holdings has reported a landmark FY25 with sales soaring 27.6% to $145.1 million and net profit more than doubling. The company’s strategic investments and operational discipline set the stage for ambitious growth targets through FY28.

Stealth Group Holdings has reported a remarkable 130% surge in net profit for the year ended June 2025, alongside a 25% increase in revenue and a higher fully franked dividend.

Stealth Group Holdings has secured exclusive distribution rights for major global consumer brands in Australia and New Zealand, aiming to accelerate revenue growth and expand its digital footprint.