22/09/2025 16:58

Reece (REH) $11.78

REH +14.15%: After a weaker than expected FY25 result just a month ago and shares down ~30% since, the plumbing business today announced a $250m off-market buyback with flexibility for up to $400m as part of its capital management strategy, finalising in October.

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25/08/2025 16:58

Reece (REH) $11.76

REH -16.42%: was hammered today, down as much as 21% at the lows before clawing back some ground. A disappointing FY25 result and a fairly soft outlook, particularly around its US operations. 

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19/08/2025 09:13

Reece Ltd (REH) $14.94

We looked at plumbing and hardware business REH last month and with  James Hardie (JHX) pushing to 5-month highs and Reliance (RWC) report this morning looking ok at a glance, local stocks with exposure to the lacklustre US housing market look set to continue their recovery. Note, REH report on Monday elevating the risk in the short-term.

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24/07/2025 09:36

Reece Ltd (REH) $13.57

Plumbing and hardware business REH has endured an awful 12-months, not helped by the weak US housing market where it generates almost 60% of its revenue. REH disappointed with its earnings in June with volumes remaining subdued due to the soft housing market while competition has been intensifying across all segments of its US business.

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25/02/2025 09:36

Reece Ltd (REH) $19.05

Plumbing products company Reece Limited (REH) retreated 13.2% to a new one-year low of $19.05 after it said sales were down 3% to $4.4 billion in the six months to December 31.

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11/02/2025 09:33

Reece Ltd (REH) $22.70

REH fell -2.3% on Monday, slipping down towards its 12-month low, in this case not a high-flyer experiencing profit-taking. The plumbing and hardware merchant has struggled over the last six months due to soft housing activity in the US and at home, not ideal when your stock was being priced for growth.

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25/10/2024 09:15

Reece Ltd (REH) $24.45

REH tumbled almost 8% on Thursday making it the worst performer on the main board, the plumbing and hardware merchant experienced its worst day since August 2021.

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21/08/2024 09:25

Reece Ltd (REH) $26.28

Plumbing, building and hardware merchant REH is unchanged so far this week after reporting on Monday. After the company narrowly missed analyst earnings estimates and flagged persistent short-term challenges, the stock initially dipped ~4% but has recovered as buying emerged into weakness.

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21/06/2024 09:05

Reece Ltd (REH) $25.80

Plumbing and hardware business REH surged higher in February following its strong HY24 result, which demonstrated solid profit growth and subsequent broker upgrades.  Strong earnings were driven by cost control and operational efficiencies despite a relatively subdued demand environment, i.e. impressive prudent management.

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09/05/2024 09:00

Reece Ltd (REH) $27.76

Plumbing and hardware business REH surged higher in February following its strong HY24 result, which demonstrated strong profit growth and led to upgrades from Morgan Stanley, Morgans, and UBS. The stock has been consolidating over recent months as bond jitters weighed on stocks, but with these slowly dissipating, a break to fresh all-time highs looks and feels almost inevitable. Unfortunately, the risk/reward isn't compelling close to $28.

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