Latest Industrial News

Reece Limited has increased its on-market share buyback target by $50 million, raising the total to $85 million as part of its disciplined capital management strategy.

Whitefield Industrials Limited has confirmed a fully franked ordinary dividend of AUD 0.105 per share for the half-year ending September 2025, alongside setting the Dividend Reinvestment Plan and Bonus Security Plan issue price at AUD 5.39.

Austin Engineering Limited has announced an on-market buy-back of its ordinary shares, set to run from December 2025 through October 2026, signaling a strategic move in capital management.

Whitefield Industrials Limited has announced a fully franked ordinary dividend of AUD 0.105 per share for the half-year ending September 2025, alongside shareholder reinvestment options.

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.

Reece Limited reported a modest revenue decline and earnings pressure in FY25 amid challenging markets but reinforced its long-term growth strategy with a significant share buyback and board renewal. Early FY26 trading shows sales growth driven by network expansion despite ongoing cost pressures.

Reece Limited reported an 8% rise in first-quarter sales driven by network expansion, while profitability dipped due to higher costs and investments. The company also completed a $365 million share buyback, signaling confidence despite subdued market conditions.

Mayfield Group Holdings has completed a $30.5 million private placement and launched a $3 million share purchase plan to fund growth initiatives, including acquisitions and capacity expansion.

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.

Boom Logistics has announced the continuation of its on-market share buy-back program, aiming to repurchase up to 10% of its shares over the next year as part of its capital management strategy.

AMA Group Limited plans a 1-for-10 consolidation of its shares and performance rights to simplify its capital structure and reduce share price volatility, pending shareholder approval at the November 2025 AGM.

Janus Electric has inked a $5 million share placement and exclusive distribution deal with EVUNI, setting the stage for its heavy transport electrification technology to enter the sub-Saharan region.