Australia's Reece hits more than one-month high on share buyback plan

Reece

27/11/2025 24:18

** Shares of Reece REH.AX rise as much as 4.5% to A$12.795, hitting their highest level since October 20

** Plumbing products maker announces on-market share buyback of up to A$35 million ($22.82 million), following completion of A$365 million buyback in October

** YTD, stock down 43.2%, including the day's moves

($1 = 1.5337 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com))